Trading Report: The Babcock International Group PLC (BAB) Rating Reiterated by Peel Hunt

The Babcock International Group PLC (BAB) Rating Reiterated by Peel Hunt

Babcock International Group PLC (LON:BAB)‘s stock had its “buy” rating reiterated by investment analysts at Peel Hunt in a research report issued on Friday. They presently have a GBX 1,121 ($13.66) target price on the stock. Peel Hunt’s price target points to a potential upside of 14.15% from the company’s current price.

Other equities research analysts have also recently issued reports about the stock. BNP Paribas reaffirmed a “neutral” rating and set a GBX 1,050 ($12.80) price target on shares of Babcock International Group PLC in a research note on Monday, August 8th. Deutsche Bank AG reaffirmed a “buy” rating and set a GBX 1,135 ($13.83) price target on shares of Babcock International Group PLC in a research note on Friday, July 22nd. JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 1,427 ($17.39) target price on shares of Babcock International Group PLC in a research report on Friday, July 22nd. Finally, Goldman Sachs Group Inc. reissued a “buy” rating and issued a GBX 1,245 ($15.17) target price on shares of Babcock International Group PLC in a research report on Monday, June 27th. One analyst has rated the stock with a sell rating, three have given a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. Babcock International Group PLC has a consensus rating of “Buy” and a consensus price target of GBX 1,174.92 ($14.32).

Babcock International Group PLC (LON:BAB) opened at 982.00 on Friday. Babcock International Group PLC has a 52 week low of GBX 780.00 and a 52 week high of GBX 1,112.00. The stock’s market capitalization is GBX 4.95 billion. The firm’s 50-day moving average is GBX 1,056.74 and its 200-day moving average is GBX 996.47.

In related news, insider Hardy,Roger purchased 10,417 shares of the firm’s stock in a transaction dated Friday, July 29th. The stock was acquired at an average price of GBX 965 ($11.76) per share, with a total value of £100,524.05 ($122,515.60).

Related posts

Leave a Comment