According to Bloomberg, the six rating agencies presently following Babcock International Group PLC (LON: BAB) stock have given the stock an average recommendation of “Moderate Buy,” indicating that investors should consider purchasing the company’s stock. Currently, the stock is being evaluated by several different rating agencies.
There were six research analysts, and out of those six, three recommended buying the company, while the other three recommended continuing to hold on to the stock.
The price target for one year from now that has been determined to be the most likely outcome by analysts who covered the stock in the year prior is GBX $4.75 ($4.85) per share.
In recent press releases, several equity analysts were asked their thoughts on BAB shares and provided responses.
Peel Hunt maintained its “hold” rating for shares of Babcock International Group and did not alter its price objective for the company’s stock, which is currently set at GBX 382 ($4.61), in a report that was published on Wednesday.
In a research note that was published on November 7th, JPMorgan Chase & Co downgraded Babcock International Group from an “overweight” rating to a “neutral” rating and reduced their price target for the company’s stock from GBX 510 ($6.15) to GBX 475 ($5.73).
This action was taken in conjunction with a reduction in the price target for the stock.
In a research note distributed on November 22nd, Shore Capital stated that they are maintaining their “hold” recommendation on shares of Babcock International Group.
Berenberg Bank reaffirmed a “buy” rating on Babcock International Group shares in a report published on Tuesday, November 22nd.
The brokerage also set a target price of GBX 425 ($5.13) for the company’s stock at the time of the report’s publication.
The price per share of Babcock International Group was determined to be GBX 330.60 on Wednesday, which is equivalent to $3.99 in American currency.
During the previous year, the lowest price that Babcock International Group ever traded was GBX 262.20 ($3.16), and its highest price was GBX 371.40 ($4.48).
Both the price of the stock and its fifty-day simple moving average are in British Pounds; the price of the stock’s 200-day simple moving average is also in British Pounds.
It has been determined that the debt-to-equity ratio comes in at 331.94, the quick ratio at 0.76, and the current ratio at 0.87.
The company’s market capitalization is 1.67 billion pounds; its price-to-earnings ratio is 1,140; its price-to-earnings-to-growth ratio is 1.35; and its beta value is 1.41.
Customers in the United Kingdom (UK), the rest of Europe, Africa, North America, Australasia, and anywhere else can receive value-added services from Babcock International Group PLC and its aerospace, military, and security subsidiaries.
These services are provided in response to customer demand.
The company is structured so that it comprises four distinct divisions: marine, nuclear, land, and aviation.