Babcock International Group PLC (LON:BAB) has received a consensus rating of “Buy” from the eleven research firms that are currently covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. The average 12-month target price among analysts that have covered the stock in the last year is GBX 1,117.30 ($14.70).

BAB has been the subject of several recent analyst reports. Liberum Capital restated a “buy” rating on shares of Babcock International Group PLC in a report on Thursday, September 7th. Morgan Stanley lowered their price target on Babcock International Group PLC from GBX 1,110 ($14.60) to GBX 975 ($12.82) and set an “overweight” rating for the company in a report on Thursday, September 28th. Peel Hunt restated a “buy” rating and issued a GBX 1,085 ($14.27) price target on shares of Babcock International Group PLC in a report on Thursday, July 13th. Shore Capital restated a “buy” rating on shares of Babcock International Group PLC in a report on Thursday, July 13th. Finally, J P Morgan Chase & Co restated an “overweight” rating and issued a GBX 1,365 ($17.95) price target on shares of Babcock International Group PLC in a report on Thursday, September 21st.

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Babcock International Group PLC (LON:BAB) traded up GBX 1.50 ($0.02) on Wednesday, reaching GBX 819 ($10.77). The company’s stock had a trading volume of 818,692 shares, compared to its average volume of 1,310,000. Babcock International Group PLC has a 52 week low of GBX 792.53 ($10.42) and a 52 week high of GBX 1,030 ($13.55).

Babcock International Group PLC 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.

Analyst Recommendations for Babcock International Group PLC (LON:BAB)

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