A statement released earlier today by Exane BNP Paribas about Babcock International Group PLC (LON:BAB) maintains the target price at 1,050.00GBX
- Updated: September 25, 2016
Exane BNP Paribas hold steady the target price of Babcock International Group PLC (LON:BAB) at 1,050.00GBX stating a potential downside of -0.03%.
On Tuesday September 13, 2016, Goldman Sachs released a statement for Babcock International Group PLC (LON:BAB) bumped up the target price from 0.00GBX to 1,480.00GBX that suggested an upside of 0.37%.
Boasting a price of 1,082.00GBX, Babcock International Group PLC (LON:BAB) traded -1.01% lower on the day. With the last stock price close up 9.75% 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 1,048.76GBX and a two hundred day average of 986.80GBX. Volume of trade was down over the average, with 42,881 shares of BAB changing hands under the typical 1,056,560
With a total market value of 0 GBX, Babcock International Group PLC has 52 week low of 780.00GBX and a 52 week high of 1,112.00GBX with a P/E ratio of 19.07 .
In addition to Exane BNP Paribas reporting its target price, a total of 16 firms have reported on the stock. The consensus target price is 1,149.75GBX with 5 firms rating the stock a strong buy, 8 firms rating the stock a buy, 2 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 1 firm rating the stock a sell.
About 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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