Babcock International Group plc’s (BAB) “Buy” Rating Reaffirmed at Liberum Capital

Liberum Capital restated their buy rating on shares of Babcock International Group plc (LON:BAB) in a research note released on Friday morning. The firm currently has a GBX 1,100 ($14.47) price objective on the stock.

Other equities analysts have also issued research reports about the company. J P Morgan Chase & Co reissued an overweight rating and set a GBX 1,365 ($17.95) target price on shares of Babcock International Group plc in a research note on Wednesday, November 8th. Morgan Stanley decreased their target price on Babcock International Group plc from GBX 1,110 ($14.60) to GBX 975 ($12.82) and set an overweight rating on the stock in a research note on Thursday, September 28th. Peel Hunt reissued a buy rating and set a GBX 1,085 ($14.27) target price on shares of Babcock International Group plc in a research note on Wednesday, September 20th. Credit Suisse Group decreased their target price on Babcock International Group plc from GBX 1,030 ($13.55) to GBX 925 ($12.17) and set a neutral rating on the stock in a research note on Thursday, August 17th. Finally, Shore Capital reissued a buy rating on shares of Babcock International Group plc in a research note on Thursday, July 13th. Three analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of Buy and an average price target of GBX 1,117.30 ($14.70).

Babcock International Group plc (BAB) opened at GBX 740.50 ($9.74) on Friday. Babcock International Group plc has a twelve month low of GBX 792.53 ($10.42) 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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