The Deutsche Bank AG Reiterates “Buy” Rating for Babcock International Group PLC (BAB)

The Deutsche Bank AG Reiterates “Buy” Rating for Babcock International Group PLC (BAB)

Babcock International Group PLC (LON:BAB)‘s stock had its “buy” rating restated by Deutsche Bank AG in a report issued on Thursday, StockTargetPrices.com reports.

Several other analysts have also issued reports on BAB. JPMorgan Chase & Co. reissued an “overweight” rating and set a GBX 1,440 ($17.99) price target on shares of Babcock International Group PLC in a report on Wednesday, November 23rd. Panmure Gordon reaffirmed a “buy” rating and issued a GBX 1,108 ($13.84) price objective on shares of Babcock International Group PLC in a research note on Tuesday, November 22nd. BNP Paribas reaffirmed a “neutral” rating and issued a GBX 1,050 ($13.12) price objective on shares of Babcock International Group PLC in a research note on Monday, November 21st. Credit Suisse Group AG reaffirmed a “neutral” rating and issued a GBX 1,080 ($13.49) price objective on shares of Babcock International Group PLC in a research note on Thursday, September 29th. Finally, Peel Hunt reaffirmed a “buy” rating and issued a GBX 1,121 ($14.01) price objective on shares of Babcock International Group PLC in a research note on Tuesday, November 22nd. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, nine have given a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of GBX 1,169.92 ($14.62).

Babcock International Group PLC (LON:BAB) opened at 935.00 on Thursday. The company’s market capitalization is GBX 4.71 billion. The company’s 50-day moving average price is GBX 985.24 and its 200 day moving average price is GBX 1,000.14. Babcock International Group PLC has a 52-week low of GBX 780.00 and a 52-week high of GBX 1,112.00.

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

About Babcock International Group PLC

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