Babcock International Group (OTCMKTS:BCKIY) Upgraded to Hold at The Goldman Sachs Group

The Goldman Sachs Group upgraded shares of Babcock International Group (OTCMKTS:BCKIY) to a hold rating in a research note released on Thursday,Zacks reports.

Separately, Barclays raised shares of Babcock International Group to a “strong-buy” rating in a research report on Monday, August 10th. Two research analysts have rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy”.

Babcock International Group Price Performance

OTCMKTS BCKIY opened at $12.21 on Thursday. The company has a quick ratio of 0.71, a current ratio of 0.80 and a debt-to-equity ratio of 1.16. Babcock International Group has a 52 week low of $11.97 and a 52 week high of $21.15. The firm’s 50-day simple moving average is $14.15 and its two-hundred day simple moving average is $14.56.

About Babcock International Group

Babcock International Group plc is a United Kingdom-based engineering and support-services company that provides critical infrastructure, asset management and operational support for governments and commercial customers. Its activities span aerospace, defense, nuclear services, marine operations and emergency services, with a focus on managing complex, long-life assets and mission-critical programs.

The company supports naval fleets and submarines, military aircraft and land systems, and provides training, equipment maintenance, engineering and logistics services.