Liberum Capital issued a report on Babcock International Group PLC (LON:BAB), hiking its price target to 1,050.00GBX earlier today
- Updated: October 1, 2016
Having a price of 1,027.50GBX, Babcock International Group PLC (LON:BAB) traded -1.05% lower on the day. The last close is up 4.43% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same time. Babcock International Group PLC has recorded a 50-day average of 1,060.16GBX and a two hundred day average of 991.08GBX. 2,244,192 shares of BAB traded, up from an average trading volume of 1,045,380
Liberum Capital raised the target price of Babcock International Group PLC (LON:BAB) to 1,050.00GBX indicating a potential upside of 0.02%.
On Monday September 26, 2016, Exane BNP Paribas released a statement on Babcock International Group PLC (LON:BAB) held steady the target price at 1,050.00GBX. At the time, this indicated a possible downside of -0.03%.
Babcock International Group PLC has a 52 week low of 780.00GBX and a one year high of 1,112.00GBX with a price-earnings ratio of 18.22 The company’s market cap is currently 0 GBX.
A total of 16 firms have issued a report on BAB. Five equity analysts rating the company a strong buy, eight analysts rating the company a buy, two analysts rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 1 broker rating the stock a sell with a consensus target price of 1,149.75GBX.
Brief Synopsis 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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