A report released today by Exane BNP Paribas about Babcock International Group PLC (LON:BAB) holds the target price at 1,050.00GBX
- Updated: October 2, 2016
Babcock International Group PLC (LON:BAB) had its target price hold steady to 1,050.00GBX by Exane BNP Paribas in a report released 10/3/2016. The new target price indicates improbable upside the company's most recent stock price close.
Boasting a price of 1,052.50GBX, Babcock International Group PLC (LON:BAB) traded -1.05% lower on the day. With the last stock price close up 4.18% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Babcock International Group PLC has recorded a 50-day average of 1,060.16GBX and a two hundred day average of 991.08GBX. Volume of trade was up over the average, with 2,244,192 shares of BAB changing hands over the typical 1,045,380
With a total market value of 0 GBX, Babcock International Group PLC has price-earnings ratio of 18.18 with a one year low of 780.00GBX and a one year high of 1,112.00GBX .
A total of 16 brokers have issued a research note on the company. 5 firms rating the stock a strong buy, 8 analysts rating the company a buy, two equity analysts rating the company a hold, zero brokerages rating the company a underperform, and finally 1 broker rating the stock a sell with a average stock price target of 1,149.75GBX.
Brief Synopsis On Babcock International Group PLC (LON:BAB)
Babcock International Group PLC is a holding company. The Company is an engineering support services company. The Company offers support to the defense, energy, emergency services, transport and education sectors. Its segments include Marine and Technology, Defence and Security, Support Services and International. The Marine and Technology segment delivers support to the United Kingdom Royal Navy's submarines, naval ships and infrastructure. It also offers solutions in engineering, equipment management, consultancy, information and knowledge management in energy and commercial marine markets. The Defence and Security segment offers engineering and training support services. The Support Services segment delivers services to both public and private sector customers across three areas: civil nuclear, asset management and technical training. The International segment is engaged in developing its aviation emergency services business, Mission Critical Services (MCS).
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