Babcock International Group (LON:BAB) Rating Reaffirmed
In an analyst note revealed on Wednesday morning, The Underperform rating of Babcock International Group (LON:BAB) shares was kept steady at Exane BNP Paribas, who now has a GBX 900 price target on the stock. Exane BNP Paribas’s price target may mean a possible downside of -8.86% from the last stock close of the company.
From a total of 15 analysts covering Babcock International Group PLC (LON:BAB) stock, 13 rate it a ”Buy”, 2 a “Sell”, and 2 a ”Hold”. This means that 76% of the ratings are positive. The highest target price is GBX 1480 while the lowest target price is GBX 900. The mean of all analyst targets is GBX 1190.47 with a 22.82% above today’s (GBX 990) stock price. Babcock International Group PLC was the topic of 35 analyst reports since July 27, 2015 according to the firm StockzIntelligence Inc. Charles Stanley maintained shares on December 1 with “Buy” rating. BNP Paribas downgraded shares to “Underperform” rating and GBX 900 target share price in a report from a November 25. Goldman Sachs maintained BAB stock in a recent report from November 25 with “Buy” rating. Deutsche Bank maintained the rating on November 25. Deutsche Bank has a “Buy” rating and a GBX 1135 price target on shares. Finally, Liberum Capital maintained the stock with “Sell” rating in a report issued on a November 25.
Approximately 180,846 shares of stock traded hands. Babcock International Group PLC (LON:BAB) has declined 10.68% since May 19, 2015 and is downtrending. It has underperformed by 8.05% the S&P500.
Babcock International Group PLC is a United Kingdom holding firm for the Babcock International Group of companies. The company has a market cap of 4.93 billion GBP. The Firm is an engineering support services company. It has 18.28 P/E ratio. The Firm offers support to the defense, energy, emergency services, transport and education sectors.