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Babcock International Group PLC (LON:BAB) target price raised to 1,440.00GBX, reported today by JP Morgan Cazenove

Babcock International Group PLC (LON:BAB) had its target price raised to 1,440.00GBX by JP Morgan Cazenove in a report released 10/3/2016. The new target price indicates a possible upside of 0.40% based on the company's last stock close price.

Yesterday Babcock International Group PLC (LON:BAB) traded -1.05% lower at 1,025.00GBX. The company’s 50-day moving average is 1,060.16GBX and its 200-day moving average is 991.08GBX. The last closing price is up 4.18% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 2,244,192 shares of Babcock International Group PLC exchanged hands, up from an avg. volume of 1,045,380

Performance Chart

Babcock International Group PLC (LON:BAB)

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 brokerages have released a report on Babcock International Group PLC. Five brokerages rating the company a strong buy, eight brokerages rating the company a buy, two brokerages rating the company a hold, zero analysts rating the company a underperform, and finally one analyst rating the company a sell with a 12-month price target of 1,149.75GBX.

More 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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