Today, BNP Paribas Reiterates “Neutral” Rating for Babcock International Group PLC (BAB)

Today, BNP Paribas Reiterates “Neutral” Rating for Babcock International Group PLC (BAB)
BNP Paribas reissued their neutral rating on shares of Babcock International Group PLC (LON:BAB) in a research report report published on Monday. They currently have a GBX 1,050 ($13.12) price target on the stock.

Several other research analysts have also recently weighed in on BAB. Credit Suisse Group AG reissued a neutral rating and issued a GBX 1,080 ($13.49) price target on shares of Babcock International Group PLC in a report on Thursday, September 29th. Deutsche Bank AG lowered their price target on shares of Babcock International Group PLC from GBX 1,135 ($14.18) to GBX 1,100 ($13.74) and set a buy rating on the stock in a report on Friday, November 18th. Canaccord Genuity reissued a buy rating and issued a GBX 1,200 ($14.99) price target on shares of Babcock International Group PLC in a report on Tuesday, October 18th. JPMorgan Chase & Co. increased their price target on shares of Babcock International Group PLC from GBX 1,427 ($17.83) to GBX 1,440 ($17.99) and gave the company an overweight rating in a report on Monday, October 3rd. Finally, Shore Capital reissued a buy rating on shares of Babcock International Group PLC in a report on Thursday, September 29th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of Buy and a consensus price target of GBX 1,174.08 ($14.67).

Babcock International Group PLC (LON:BAB) opened at 934.50 on Monday. The company’s market cap is GBX 4.71 billion. The stock has a 50 day moving average of GBX 988.03 and a 200-day moving average of GBX 1,000.56. Babcock International Group PLC has a 1-year low of GBX 780.00 and a 1-year high of GBX 1,112.00.

The business also recently disclosed a dividend, which will be paid on Monday, January 16th. Investors of record on Thursday, December 8th will be paid a GBX 6.50 ($0.08) dividend. This represents a yield of 0.69%. The ex-dividend date is Thursday, December 8th.

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