Babcock International Group plc (BAB) Earns Sell Rating from Citigroup Inc.
Citigroup Inc. restated their sell rating on shares of Babcock International Group plc (LON:BAB) in a research note released on Wednesday. The brokerage currently has a GBX 660 ($8.68) price target on the stock.
Other equities research analysts have also recently issued research reports about the stock. Liberum Capital restated a buy rating and issued a GBX 1,100 ($14.47) price objective on shares of Babcock International Group in a report on Wednesday, September 20th. Panmure Gordon restated a buy rating and issued a GBX 1,000 ($13.15) price objective on shares of Babcock International Group in a report on Tuesday, November 21st. Peel Hunt restated a buy rating and issued a GBX 1,085 ($14.27) price objective on shares of Babcock International Group in a report on Tuesday, November 21st. Shore Capital restated a buy rating on shares of Babcock International Group in a report on Friday, November 17th. Finally, J P Morgan Chase & Co restated an overweight rating and issued a GBX 1,365 ($17.95) price objective on shares of Babcock International Group in a report on Thursday, September 21st. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has a consensus rating of Buy and an average target price of GBX 1,065.91 ($14.02).
Babcock International Group (BAB) opened at GBX 675.92 ($8.89) on Wednesday. Babcock International Group has a one year low of GBX 664 ($8.73) and a one year high of GBX 1,030 ($13.55).
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Babcock International Group Company Profile
Babcock International Group PLC is a holding company. The Company provides engineering services. Its segments include Marine and Technology, Defence and Security, Support Services and International. The Marine and Technology segment delivers support to the United Kingdom Royal Navy’s submarines, naval ships and infrastructure.
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