Shares of Babcock International Group plc (LON:BAB) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 675.50 ($8.88) and last traded at GBX 682.50 ($8.98), with a volume of 3952218 shares trading hands. The stock had previously closed at GBX 682.50 ($8.98).

BAB has been the topic of a number of recent analyst reports. Liberum Capital reaffirmed a “buy” rating and set a GBX 1,100 ($14.47) price target on shares of Babcock International Group plc in a report on Tuesday. Credit Suisse Group reissued a “neutral” rating and issued a GBX 925 ($12.17) price objective on shares of Babcock International Group plc in a report on Thursday. J P Morgan Chase & Co reissued an “overweight” rating and issued a GBX 1,365 ($17.95) price objective on shares of Babcock International Group plc in a report on Wednesday, November 8th. Peel Hunt reissued a “buy” rating and issued a GBX 1,085 ($14.27) price objective on shares of Babcock International Group plc in a report on Tuesday, November 14th. Finally, Citigroup Inc. reissued a “sell” rating and issued a GBX 660 ($8.68) price objective on shares of Babcock International Group plc in a report on Wednesday. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of GBX 1,065.91 ($14.02).

ILLEGAL ACTIVITY WARNING: This article was originally published by Watch List News and is the property of of Watch List News. If you are reading this article on another website, it was stolen and republished in violation of international copyright laws. The correct version of this article can be accessed at https://www.watchlistnews.com/babcock-international-group-plc-bab-reaches-new-1-year-low-at-675-50/1724897.html.

About Babcock International Group plc

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.

Receive News & Ratings for Babcock International Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Babcock International Group plc and related companies with Analyst Ratings Network's FREE daily email newsletter.