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

Shore Capital restated their buy rating on shares of Babcock International Group plc (LON:BAB) in a report published on Friday morning.

Several other equities analysts have also recently weighed in on the stock. J P Morgan Chase & Co reaffirmed an overweight rating and set a GBX 1,365 ($17.95) price target on shares of Babcock International Group plc in a research note on Friday. Morgan Stanley reaffirmed an overweight rating and set a GBX 975 ($12.82) price target on shares of Babcock International Group plc in a research note on Monday, November 13th. Peel Hunt reaffirmed a buy rating and set a GBX 1,085 ($14.27) price target on shares of Babcock International Group plc in a research note on Tuesday, November 14th. Liberum Capital reaffirmed a buy rating and set a GBX 1,100 ($14.47) price target on shares of Babcock International Group plc in a research note on Friday, November 10th. Finally, Credit Suisse Group decreased their price target on shares of Babcock International Group plc from GBX 1,030 ($13.55) to GBX 925 ($12.17) and set a neutral rating for the company in a research note on Thursday, August 17th. Three analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of Buy and a consensus price target of GBX 1,117.30 ($14.70).

Babcock International Group plc (BAB) opened at GBX 762 ($10.02) on Friday. Babcock International Group plc has a 52 week low of GBX 727.50 ($9.57) and a 52 week high of GBX 1,030 ($13.55).

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About Babcock International Group plc

Babcock International Group PLC is a holding company. The Company provides engineering services. Its segments include Marine and Technology, Defence and Security, Support Services and International. The Marine and Technology segment delivers support to the United Kingdom Royal Navy’s submarines, naval ships and infrastructure.

Analyst Recommendations for Babcock International Group plc (LON:BAB)

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