Babcock International Group plc (LON:BAB)‘s stock had its “buy” rating reaffirmed by equities researchers at Liberum Capital in a research report issued to clients and investors on Tuesday. They presently have a GBX 1,100 ($14.47) price objective on the stock. Liberum Capital’s price objective points to a potential upside of 48.95% from the stock’s current price.

Several other research firms have also weighed in on BAB. J P Morgan Chase & Co reiterated an “overweight” rating and issued a GBX 1,365 ($17.95) target price on shares of Babcock International Group plc in a report on Wednesday, November 8th. Peel Hunt reissued a “buy” rating and set a GBX 1,085 ($14.27) price objective on shares of Babcock International Group plc in a research report on Tuesday, November 14th. Morgan Stanley reissued an “overweight” rating and set a GBX 975 ($12.82) price objective on shares of Babcock International Group plc in a research report on Monday, November 13th. Shore Capital reissued a “buy” rating on shares of Babcock International Group plc in a research report on Friday. Finally, Credit Suisse Group lowered their price objective on shares of 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 report on Thursday, August 17th. Three research analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of GBX 1,117.30 ($14.70).

Shares of Babcock International Group plc (BAB) opened at GBX 738.50 ($9.71) on Tuesday. Babcock International Group plc has a twelve month low of GBX 727.50 ($9.57) 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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