Babcock International Group (BAB) Earns “Buy” Rating from Shore Capital

Shore Capital reissued their buy rating on shares of Babcock International Group (LON:BAB) in a research report sent to investors on Friday.

Several other analysts also recently weighed in on BAB. Liberum Capital reaffirmed a buy rating on shares of Babcock International Group in a research note on Thursday, July 19th. Peel Hunt reaffirmed a hold rating on shares of Babcock International Group in a research note on Monday, July 30th. Numis Securities reaffirmed a buy rating on shares of Babcock International Group in a research note on Monday, September 3rd. Jefferies Financial Group cut their target price on Babcock International Group from GBX 1,260 ($16.46) to GBX 950 ($12.41) and set a buy rating on the stock in a research note on Monday, August 6th. Finally, JPMorgan Chase & Co. lowered their price target on Babcock International Group from GBX 1,365 ($17.84) to GBX 998 ($13.04) and set an overweight rating on the stock in a research report on Thursday, October 11th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and eight have issued a buy rating to the company. Babcock International Group presently has an average rating of Buy and a consensus target price of GBX 881.38 ($11.52).

Shares of Babcock International Group stock opened at GBX 591.20 ($7.73) on Friday. Babcock International Group has a 1-year low of GBX 604 ($7.89) and a 1-year high of GBX 1,030 ($13.46).

Babcock International Group Company Profile

Babcock International Group PLC, together with its subsidiaries, provides engineering services for marine, land, aviation, and nuclear sectors in the United Kingdom and internationally. The company delivers through-life marine engineering services, including supporting naval fleets, commercial marine, engineering consultancy, weapons handling, equipment support, intelligence and cyber-security, and technical training to defense and civil customers.

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Analyst Recommendations for Babcock International Group (LON:BAB)

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