Shares of Babcock International Group PLC (LON:BAB) have been given an average recommendation of “Hold” by the ten brokerages that are presently covering the stock, MarketBeat.com reports. Seven investment analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is GBX 579 ($7.57).

A number of analysts have issued reports on BAB shares. Jefferies Financial Group reduced their price target on shares of Babcock International Group from GBX 900 ($11.76) to GBX 825 ($10.78) and set a “buy” rating on the stock in a report on Tuesday, May 28th. Goldman Sachs Group downgraded shares of Babcock International Group to a “neutral” rating and reduced their price target for the company from GBX 850 ($11.11) to GBX 550 ($7.19) in a report on Thursday, May 30th. Shore Capital reiterated a “buy” rating on shares of Babcock International Group in a report on Thursday, June 6th. Stifel Nicolaus downgraded shares of Babcock International Group to a “hold” rating and reduced their price target for the company from GBX 650 ($8.49) to GBX 485 ($6.34) in a report on Thursday, May 23rd. Finally, downgraded shares of Babcock International Group to a “hold” rating and reduced their price target for the company from GBX 650 ($8.49) to GBX 485 ($6.34) in a report on Thursday, May 23rd.

LON BAB traded up GBX 2.40 ($0.03) on Tuesday, reaching GBX 464.50 ($6.07). The company had a trading volume of 997,588 shares, compared to its average volume of 2,170,000. The company has a quick ratio of 0.72, a current ratio of 0.94 and a debt-to-equity ratio of 48.99. The stock has a market capitalization of $2.35 billion and a PE ratio of 11.79. The firm’s 50 day moving average price is GBX 458.77 and its 200 day moving average price is GBX 497.31. Babcock International Group has a 12 month low of GBX 410.10 ($5.36) and a 12 month high of GBX 739.20 ($9.66).

The firm also recently announced a dividend, which was paid on Friday, August 9th. Stockholders of record on Thursday, July 4th were issued a GBX 22.90 ($0.30) dividend. The ex-dividend date of this dividend was Thursday, July 4th. This is an increase from Babcock International Group’s previous dividend of $7.10. This represents a dividend yield of 4.86%. Babcock International Group’s payout ratio is 0.76%.

In other news, insider Archie Bethel sold 13,466 shares of the business’s stock in a transaction dated Wednesday, June 19th. The shares were sold at an average price of GBX 480 ($6.27), for a total value of £64,636.80 ($84,459.43). Also, insider Ruth Cairnie bought 5,000 shares of Babcock International Group stock in a transaction dated Monday, July 8th. The stock was acquired at an average price of GBX 443 ($5.79) per share, for a total transaction of £22,150 ($28,942.90).

About Babcock International Group

Babcock International Group PLC, together with its subsidiaries, provides engineering services for marine, land, aviation, and nuclear sectors in the United Kingdom and internationally. The company delivers through-life marine engineering services, including supporting naval fleets, commercial marine, engineering consultancy, weapons handling, equipment support, intelligence and cyber-security, and technical training to defense and civil customers.

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Analyst Recommendations for Babcock International Group (LON:BAB)

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