Babcock International Group’s (BAB) Outperform Rating Reiterated at Royal Bank Of Canada

Royal Bank Of Canada reaffirmed their outperform rating on shares of Babcock International Group (LON:BAB) in a research report released on Monday, Marketbeat.com reports. They currently have a GBX 1,200 target price on the stock.

Other equities analysts also recently issued research reports about the stock. Berenberg Bank lifted their price objective on shares of Babcock International Group from GBX 910 to GBX 1,350 and gave the stock a “buy” rating in a report on Thursday, June 26th. Shore Capital reissued a “buy” rating on shares of Babcock International Group in a report on Thursday, May 29th. Five investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of GBX 1,027.50.

Babcock International Group Stock Performance

Babcock International Group stock opened at GBX 979.50 on Monday. The company has a market cap of £4.91 billion, a PE ratio of 29.64, a P/E/G ratio of 1.35 and a beta of 1.28. The company has a fifty day moving average price of GBX 1,047.79 and a two-hundred day moving average price of GBX 862.96. The company has a debt-to-equity ratio of 256.62, a current ratio of 0.86 and a quick ratio of 0.76. Babcock International Group has a 12 month low of GBX 455.40 and a 12 month high of GBX 1,177.

Babcock International Group (LON:BAB) last released its quarterly earnings data on Wednesday, June 25th. The company reported GBX 50.30 EPS for the quarter. Babcock International Group had a net margin of 3.77% and a return on equity of 44.68%. Research analysts expect that Babcock International Group will post 41.4298019 earnings per share for the current year.

Insider Activity at Babcock International Group

In related news, insider David Mellors sold 156,485 shares of the company’s stock in a transaction that occurred on Monday, August 4th. The stock was sold at an average price of GBX 1,008, for a total value of £1,577,368.80. Also, insider David Lockwood sold 223,546 shares of the company’s stock in a transaction that occurred on Monday, August 4th. The stock was sold at an average price of GBX 1,008, for a total value of £2,253,343.68. Insiders sold a total of 469,739 shares of company stock valued at $473,496,912 in the last three months. Corporate insiders own 0.78% of the company’s stock.

Babcock International Group Company Profile

Babcock International Group PLC, together with its subsidiaries, provides value-add services for aerospace, defense, and security in the United Kingdom, rest of Europe, Africa, North America, Australasia, and internationally. The company operates through four segments: Marine, Nuclear, Land, and Aviation.