Babcock International Group (OTCMKTS:BCKIY) Stock Rating Upgraded by The Goldman Sachs Group

Babcock International Group (OTCMKTS:BCKIY) was upgraded by analysts at The Goldman Sachs Group to a “hold” rating in a research report issued to clients and investors on Thursday, Zacks reports.

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

Babcock International Group Price Performance

Shares of Babcock International Group stock opened at $12.21 on Thursday. The company has a current ratio of 0.80, a quick ratio of 0.71 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 moving average is $14.15 and its two-hundred day 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.