Shore Capital retained Babcock International Group PLC (LON:BAB) to Buy in a report released today.
- Updated: October 1, 2016
Shore Capital has retained Babcock International Group PLC (LON:BAB) to Buy in a report released on 09/29/2016.
Previously on 9/26/2016, Exane BNP Paribas released a statement about 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%.
Just yesterday Babcock International Group PLC (LON:BAB) traded -1.05% lower at 1,045.50GBX. Babcock International Group PLC’s 50-day moving average is 1,060.16GBX and its 200-day moving average is 991.08GBX. The last stock price is up 4.43% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 2,244,192 shares of BAB traded hands, up from an average trading volume of 1,045,380
Recent Performance Chart
Babcock International Group PLC has 52 week low of 780.00GBX and a 52 week high of 1,112.00GBX with a PE ratio of 18.22 and has a market capitalization of 0 GBX.
In addition to Shore Capital reporting its stock price target, a total of 16 brokerages have issued a ratings update on the company. The average stock price target is 1,149.75GBX with 5 brokerages rating the stock a strong buy, 8 brokerages rating the stock a buy, 2 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 1 brokerage rating the stock a sell.
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).
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.