Babcock International Group (LON:BAB) Shares Pass Above 200-Day Moving Average – Should You Sell?

Babcock International Group PLC (LON:BAB) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 1,122.80 and traded as high as GBX 1,255. Babcock International Group shares last traded at GBX 1,250, with a volume of 2,278,084 shares trading hands.

Analysts Set New Price Targets

Several equities analysts have commented on BAB shares. Berenberg Bank raised their price objective on Babcock International Group from GBX 1,360 to GBX 1,440 and gave the company a “buy” rating in a research report on Friday, September 26th. JPMorgan Chase & Co. increased their price target on shares of Babcock International Group from GBX 1,450 to GBX 1,500 and gave the stock an “overweight” rating in a research note on Monday, November 24th. Jefferies Financial Group reissued a “buy” rating and set a GBX 1,400 price objective on shares of Babcock International Group in a research note on Monday, November 24th. Finally, Royal Bank Of Canada upped their price objective on shares of Babcock International Group from GBX 1,200 to GBX 1,280 and gave the stock an “outperform” rating in a report on Wednesday, November 26th. Five equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of GBX 1,405.

Babcock International Group Stock Up 1.4%

The company has a market capitalization of £6.23 billion, a PE ratio of 22.40, a P/E/G ratio of 1.35 and a beta of 1.28. The company has a debt-to-equity ratio of 256.62, a quick ratio of 0.76 and a current ratio of 0.86. The company’s 50-day moving average is GBX 1,182.80 and its 200 day moving average is GBX 1,123.51.

Babcock International Group (LON:BAB) last issued its earnings results on Friday, November 21st. The company reported GBX 28.50 earnings per share (EPS) for the quarter. Babcock International Group had a net margin of 3.77% and a return on equity of 44.68%. As a group, analysts anticipate that Babcock International Group PLC 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. It designs, procures, operates, and manages critical utility and process equipment; offers asset management, defense and maritime training, information and intelligence, equipment and system, and facilities and infrastructure services, as well as naval platforms; and designs, manufactures, and provides through-life support for mechanical and electrical systems and equipment.