A statement released earlier today by JP Morgan Cazenove about Babcock International Group PLC (LON:BAB) maintains the target price at 1,440.00GBX
- Updated: October 18, 2016
JP Morgan Cazenove hold steady the target of Babcock International Group PLC (LON:BAB) at 1,440.00GBX stating a potential upside of 0.40%.
On Monday October 17, 2016, Exane BNP Paribas released a statement for Babcock International Group PLC (LON:BAB) maintained the target price at 1,050.00GBX that suggested an upside of 0.07%.
Boasting a price of 1,025.00GBX, Babcock International Group PLC (LON:BAB) traded 1.48% higher on the day. With the last stock price close up 0.00% 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 1,055.72GBX and a two hundred day average of 996.54GBX. Volume of trade was up over the average, with 1,720,067 shares of BAB changing hands over the typical 1,230,730
With a total market value of 0 GBX, Babcock International Group PLC has price-earnings ratio of 17.54 with a one year low of 780.00GBX and a one year high of 1,112.00GBX .
A total of 16 equity analysts have released a ratings update on BAB. Five equity analysts rating the company a strong buy, eight equity analysts rating the company a buy, two equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally one equity analyst rating the company a sell with a one year 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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