The stock of Babcock International Group PLC (LON:BAB) is a huge mover today! The stock increased 0.35% or GBX 3.31 on November 23, hitting GBX 948.31. About 1.72M shares traded hands or 3.61% up from the average. Babcock International Group PLC (LON:BAB) has declined 1.46% since April 26, 2016 and is downtrending. It has underperformed by 6.79% the S&P500.
The move comes after 8 months negative chart setup for the GBX 4.79 billion company. It was reported on Nov, 23 by Barchart.com. We have GBX 881.93 PT which if reached, will make LON:BAB worth GBX 335.30 million less.
Babcock International Group PLC (LON:BAB) Ratings Coverage
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 1213.81 average target is 28.00% above today’s (GBX 948.31) stock price. Babcock International Group PLC has been the topic of 98 analyst reports since July 27, 2015 according to StockzIntelligence Inc. On Tuesday, September 13 the stock rating was maintained by Goldman Sachs with “Conviction Buy”. The firm has “Hold” rating given on Wednesday, May 4 by Liberum Capital. The firm earned “Neutral” rating on Monday, August 15 by BNP Paribas. On Friday, November 20 the stock rating was maintained by Deutsche Bank with “Buy”. Goldman Sachs maintained Babcock International Group PLC (LON:BAB) on Wednesday, November 25 with “Buy” rating. The rating was maintained by Panmure Gordon with “Buy” on Tuesday, November 22. The stock of Babcock International Group PLC (LON:BAB) has “Overweight” rating given on Wednesday, August 26 by JP Morgan. The firm has “Buy” rating given on Tuesday, October 13 by Panmure Gordon. As per Tuesday, November 24, the company rating was maintained by Beaufort Securities. BNP Paribas maintained Babcock International Group PLC (LON:BAB) rating on Monday, October 3. BNP Paribas has “Neutral” rating and GBX 1050 price target.
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.
Babcock International Group PLC is a holding company. The company has a market cap of 4.79 billion GBP. The Firm is an engineering support services company. It has a 16.68 P/E ratio. The Firm offers support to the defense, energy, emergency services, transport and education sectors.
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