November 28, 2016 - By Nellie Frank
In an analyst report revealed to investors on today, Jefferies International maintained their Buy rating on Babcock International Group PLC (LON:BAB)‘s stock. The price target indicates a potential upside of 37.04% from firm’s current price.
Out of 18 analysts covering Babcock International Group PLC (LON:BAB), 13 rate it a “Buy”, 1 “Sell”, while 4 “Hold”. This means 72% are positive. GBX 1500 is the highest target while GBX 850 is the lowest. The GBX 1210.69 average target is 28.91% above today’s (GBX 939.17) stock price. Babcock International Group PLC has been the topic of 99 analyst reports since July 27, 2015 according to StockzIntelligence Inc. On Monday, October 3 the stock rating was maintained by JP Morgan with “Overweight”. The firm earned “Hold” rating on Wednesday, May 4 by Liberum Capital. The firm has “Overweight” rating by J.P. Morgan given on Tuesday, November 24. Credit Suisse maintained the stock with “Outperform” rating in Monday, August 10 report. The stock of Babcock International Group PLC (LON:BAB) earned “Overweight” rating by JP Morgan on Wednesday, February 10. Jefferies maintained the stock with “Buy” rating in Wednesday, November 25 report. The rating was maintained by Peel Hunt on Thursday, April 7 with “Buy”. The stock of Babcock International Group PLC (LON:BAB) earned “Sell” rating by Liberum Capital on Wednesday, November 25. The stock of Babcock International Group PLC (LON:BAB) has “Overwt/In-Line” rating given on Thursday, August 6 by Morgan Stanley. Peel Hunt maintained Babcock International Group PLC (LON:BAB) rating on Wednesday, May 25. Peel Hunt has “Buy” rating and GBX 1121 price target.
About 215,444 shares traded hands. Babcock International Group PLC (LON:BAB) has declined 0.79% since April 29, 2016 and is downtrending. It has underperformed by 6.81% the S&P500.
Babcock International Group PLC is a holding company. The company has a market cap of 4.75 billion GBP. The Firm is an engineering support services company. It has a 15.52 P/E ratio. The Firm offers support to the defense, energy, emergency services, transport and education sectors.
Another recent and important Babcock International Group PLC (LON:BAB) news was published by Fool.Co.Uk which published an article titled: “Why I Would Buy Babcock International Group PLC But Sell WM Morrison …” on May 18, 2015.
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By Nellie Frank