Peel Hunt restated their add rating on shares of Babcock International Group (LON:BAB) in a research note issued to investors on Monday, Digital Look reports. The firm currently has a GBX 668 ($8.79) price target on the stock.

Several other equities research analysts have also commented on the company. Shore Capital reissued a buy rating on shares of Babcock International Group in a research note on Wednesday, February 5th. Jefferies Financial Group reaffirmed a buy rating and issued a GBX 825 ($10.85) price objective on shares of Babcock International Group in a research note on Wednesday, November 20th. Barclays reaffirmed an underweight rating on shares of Babcock International Group in a report on Wednesday, November 27th. Peel Hunt reiterated a hold rating and set a GBX 561 ($7.38) target price on shares of Babcock International Group in a research report on Wednesday, January 8th. Finally, Liberum Capital reissued a buy rating on shares of Babcock International Group in a report on Tuesday, February 4th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and three have given a buy rating to the stock. The company currently has a consensus rating of Hold and an average price target of GBX 597 ($7.85).

Shares of Babcock International Group stock opened at GBX 514 ($6.76) on Monday. The company has a 50-day moving average of GBX 608.28 and a two-hundred day moving average of GBX 555.28. Babcock International Group has a 12-month low of GBX 410.10 ($5.39) and a 12-month high of GBX 659.80 ($8.68). The company has a current ratio of 1.07, a quick ratio of 0.93 and a debt-to-equity ratio of 85.12. The stock has a market cap of $2.58 billion and a PE ratio of 9.61.

The firm also recently declared a dividend, which was paid on Friday, January 17th. Shareholders of record on Thursday, December 5th were issued a GBX 7.20 ($0.09) dividend. This represents a dividend yield of 1.33%. The ex-dividend date of this dividend was Thursday, December 5th. Babcock International Group’s dividend payout ratio (DPR) is presently 0.56%.

In related news, insider Myles Lee purchased 5,000 shares of the business’s stock in a transaction dated Wednesday, February 12th. The stock was bought at an average cost of GBX 534 ($7.02) per share, with a total value of £26,700 ($35,122.34). Also, insider Ruth Cairnie purchased 2,500 shares of the business’s stock in a transaction dated Wednesday, November 20th. The stock was bought at an average cost of GBX 521 ($6.85) per share, with a total value of £13,025 ($17,133.65).

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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