Babcock International Group PLC (BAB) Receives “Neutral” Rating from BNP Paribas

BNP Paribas reaffirmed their neutral rating on shares of Babcock International Group PLC (LON:BAB) in a research report report published on Monday morning. The brokerage currently has a GBX 1,050 ($13.01) price objective on the stock.

BAB has been the subject of a number of other reports. Liberum Capital raised their price target on Babcock International Group PLC from GBX 900 ($11.15) to GBX 1,050 ($13.01) and gave the stock a hold rating in a report on Thursday, September 29th. Credit Suisse Group AG reaffirmed a neutral rating and issued a GBX 1,080 ($13.38) price target on shares of Babcock International Group PLC in a report on Thursday, September 29th. Peel Hunt reaffirmed a buy rating and issued a GBX 1,121 ($13.89) price target on shares of Babcock International Group PLC in a report on Friday, October 14th. Canaccord Genuity reaffirmed a buy rating and issued a GBX 1,200 ($14.86) price target on shares of Babcock International Group PLC in a report on Tuesday, October 18th. Finally, Shore Capital reaffirmed a buy rating on shares of Babcock International Group PLC in a report on Thursday, September 29th. One analyst has rated the stock with a sell rating, three have assigned a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of Buy and a consensus price target of GBX 1,174.92 ($14.55).

Analyst Recommendations for Babcock International Group PLC (LON:BAB)

Shares of Babcock International Group PLC (LON:BAB) traded up 0.36% during trading on Monday, reaching GBX 972.00. The company’s stock had a trading volume of 902,030 shares. The stock’s 50-day moving average is GBX 1,022.43 and its 200-day moving average is GBX 998.88. Babcock International Group PLC has a 12-month low of GBX 780.00 and a 12-month high of GBX 1,112.00. The stock’s market cap is GBX 4.90 billion.

Babcock International Group PLC Company Profile

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.

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