Liberum Capital reissued their buy rating on shares of Babcock International Group plc (LON:BAB) in a research note issued to investors on Friday. Liberum Capital currently has a GBX 1,100 ($14.47) target price on the stock.

Several other analysts have also recently commented on the company. Shore Capital restated a buy rating on shares of Babcock International Group plc in a research report on Thursday, July 13th. J P Morgan Chase & Co restated an overweight rating and issued a GBX 1,365 ($17.95) target price on shares of Babcock International Group plc in a research report on Wednesday, November 8th. Peel Hunt restated a buy rating and issued a GBX 1,085 ($14.27) target price on shares of Babcock International Group plc in a research report on Wednesday, September 20th. Credit Suisse Group decreased their price target 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. Finally, Morgan Stanley decreased 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 research note on Thursday, September 28th. Three research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of Buy and a consensus price target of GBX 1,117.30 ($14.70).

Babcock International Group plc (LON BAB) traded down GBX 62.50 ($0.82) on Friday, reaching GBX 750 ($9.86). The company had a trading volume of 3,672,074 shares, compared to its average volume of 1,370,000. Babcock International Group plc has a 12-month low of GBX 792.53 ($10.42) and a 12-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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