Panmure Gordon reissued their buy rating on shares of Babcock International Group plc (LON:BAB) in a report published on Tuesday. The firm currently has a GBX 1,000 ($13.15) target price on the stock.

Several other analysts also recently weighed in on BAB. Credit Suisse Group lowered their target price on Babcock International Group plc from GBX 1,030 ($13.55) to GBX 925 ($12.17) and set a neutral rating for the company in a research note on Thursday, August 17th. Liberum Capital restated a buy rating on shares of Babcock International Group plc in a research note on Thursday, September 7th. Peel Hunt restated a buy rating and set a GBX 1,085 ($14.27) target price on shares of Babcock International Group plc in a research note on Wednesday, September 20th. J P Morgan Chase & Co restated an overweight rating and set a GBX 1,365 ($17.95) target price on shares of Babcock International Group plc in a research note on Thursday, September 21st. Finally, Morgan Stanley lowered their target price 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 research note on Thursday, September 28th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. The company currently has an average rating of Buy and an average price target of GBX 1,065.91 ($14.02).

Shares of Babcock International Group plc (BAB) opened at GBX 666 ($8.76) on Tuesday. Babcock International Group plc has a twelve month low of GBX 699.50 ($9.20) and a twelve month high of GBX 1,030 ($13.55).

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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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