In a report released on Wednesday May 24, 2017 Liberum Capital increased the Stock price target of Babcock International Group PLC (LON:BAB) from 960.00GBX to 1,100.00GBX indicating a possible upside of 0.16%.
Previously on 5/23/2017, Deutsche Bank reported on Babcock International Group PLC (LON:BAB) held steady the target price at 1,020.00GBX. At the time, this indicated a possible upside of 0.06%.
Yesterday Babcock International Group PLC (LON:BAB) traded 0.55% higher at 946.00GBX. The company’s 50-day moving average is 820.34GBX and its 200-day moving average is 868.36GBX. The last closing price is up -4.42% from the 200-day moving average, compared to the S&P 500 which has increased 0.01% over the same time period. 593,385 shares of the stock traded hands, down from an average trading volume of 1,510,060
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Babcock International Group PLC has a 52 week low of 794.50GBX and a 52 week high of 1,038.00GBX with a P/E ratio of 13.45 The company’s market cap is currently 0 GBX.
In addition to Liberum Capital reporting its stock price target, a total of 16 brokers have issued a research note on the company. The average stock price target is 1,149.75GBX with 5 brokers rating the stock a strong buy, 8 brokers rating the stock a buy, 2 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 1 broker rating the stock a sell.
General Information About Babcock International Group PLC (LON:BAB)
Babcock International Group PLC is a holding company. The Company provides engineering services. 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. 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). The Company serves customers in the United Kingdom and around the world across four market sectors, including marine, land, aviation, and nuclear.
The post Babcock International Group PLC (LON:BAB) target price raised to 1,100.00GBX, issued a research note today by Liberum Capital appeared first on Octafinance.