Shore Capital restated their buy rating on shares of Babcock International Group (LON:BAB) in a research note released on Friday morning.
BAB has been the topic of a number of other reports. Liberum Capital reaffirmed a buy rating on shares of Babcock International Group in a research report on Wednesday, September 19th. JPMorgan Chase & Co. reduced their price target on Babcock International Group from GBX 1,365 ($17.84) to GBX 998 ($13.04) and set an overweight rating on the stock in a research report on Thursday, October 11th. Peel Hunt reaffirmed a hold rating on shares of Babcock International Group in a research report on Thursday, August 30th. Jefferies Financial Group reduced their price target on Babcock International Group from GBX 1,260 ($16.46) to GBX 950 ($12.41) and set a buy rating on the stock in a research report on Monday, August 6th. Finally, Numis Securities reaffirmed a buy rating on shares of Babcock International Group in a research report on Monday, September 3rd. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and seven have issued a buy rating to the company. The company currently has an average rating of Hold and a consensus price target of GBX 858.31 ($11.22).
Shares of BAB stock opened at GBX 595.40 ($7.78) on Friday. Babcock International Group has a 12-month low of GBX 604 ($7.89) and a 12-month high of GBX 1,030 ($13.46).
About Babcock International Group
Babcock International Group PLC, together with its subsidiaries, provides engineering services for marine, land, aviation, and nuclear sectors in the United Kingdom and internationally. The company delivers through-life marine engineering services, including supporting naval fleets, commercial marine, engineering consultancy, weapons handling, equipment support, intelligence and cyber-security, and technical training to defense and civil customers.
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