BABCOCK Intl Gr/ADR (BCKIY) Lifted to “Hold” at Zacks Investment Research

Zacks Investment Research upgraded shares of BABCOCK Intl Gr/ADR (OTCMKTS:BCKIY) from a sell rating to a hold rating in a report issued on Tuesday.

According to Zacks, “Babcock International Group PLC offers engineering support services to the defense, energy, emergency services, transport and education sectors. The Company’s operating segment consists of Marine and Technology, Defence and Security, Support Services and International. Marine and Technology segment offers engineering support services to the Royal Navy. Defence and Security segment provides to the United Kingdom’s armed forces, delivering technical training and asset management. Support Services segment manages assets, delivers programs and teaches vital skills for civil Governments and blue-chip commercial organizations. Mission Critical Services business is a provider of helicopter and fixed-wing emergency services and crew change services for oil and gas operators primarily in Europe and Australia. Babcock International Group PLC is headquartered in London, the United Kingdom. “

OTCMKTS BCKIY opened at $6.60 on Tuesday. BABCOCK Intl Gr/ADR has a 12-month low of $7.85 and a 12-month high of $11.40. The firm has a market capitalization of $3.34 billion, a P/E ratio of 5.89, a price-to-earnings-growth ratio of 2.02 and a beta of 0.68.

The business also recently announced a Semi-Annual dividend, which will be paid on Thursday, January 31st. Shareholders of record on Friday, December 7th will be given a $0.08 dividend. The ex-dividend date is Thursday, December 6th. BABCOCK Intl Gr/ADR’s payout ratio is 14.29%.

BABCOCK Intl Gr/ADR Company Profile

Babcock International Group Plc engages in the provision of engineering support services to government organizations and key industries in the private sector. It operates through the following business segments: Marine, Land, Aviation, and Nuclear. The Marine segment provides through-life support of submarines, naval ships, and infrastructure; and operates an international naval support business.

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