Babcock International Group’s (BAB) Buy Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group restated their buy rating on shares of Babcock International Group (LON:BAB) in a research report released on Monday morning, MarketBeat Ratings reports. They currently have a GBX 1,400 target price on the stock.

Several other equities analysts have also weighed in on the stock. Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 1,200 price objective on shares of Babcock International Group in a research report on Monday, September 8th. Berenberg Bank raised their price target on shares of Babcock International Group from GBX 1,360 to GBX 1,440 and gave the company a “buy” rating in a report on Friday, September 26th. Five analysts have rated the stock with a Buy rating, According to MarketBeat.com, Babcock International Group currently has a consensus rating of “Buy” and an average target price of GBX 1,405.

Babcock International Group Stock Up 0.1%

BAB stock opened at GBX 1,129.57 on Monday. The company has a debt-to-equity ratio of 256.62, a current ratio of 0.86 and a quick ratio of 0.76. The firm has a market capitalization of £5.64 billion, a P/E ratio of 23.53, a P/E/G ratio of 1.35 and a beta of 1.28. Babcock International Group has a 52-week low of GBX 478.70 and a 52-week high of GBX 1,332. The company’s 50 day simple moving average is GBX 1,206.07 and its 200-day simple moving average is GBX 1,088.98.

Babcock International Group (LON:BAB) last posted its quarterly earnings results on Friday, November 21st. The company reported GBX 28.50 earnings per share for the quarter. Babcock International Group had a return on equity of 44.68% and a net margin of 3.77%. As a group, equities research analysts anticipate that Babcock International Group will post 41.4298019 EPS for the current year.

Babcock International Group Company Profile

Babcock International Group PLC, together with its subsidiaries, provides value-add services for aerospace, defense, and security in the United Kingdom, rest of Europe, Africa, North America, Australasia, and internationally. The company operates through four segments: Marine, Nuclear, Land, and Aviation.