Babcock International Group’s (BAB) “Buy” Rating Reaffirmed at Berenberg Bank

Berenberg Bank restated their buy rating on shares of Babcock International Group (LON:BABFree Report) in a research report report published on Thursday morning, Marketbeat Ratings reports. The firm currently has a GBX 510 ($6.39) target price on the stock.

BAB has been the topic of a number of other research reports. Jefferies Financial Group reiterated a buy rating and set a GBX 550 ($6.89) price target on shares of Babcock International Group in a research report on Wednesday, November 15th. Barclays upgraded Babcock International Group to an overweight rating and increased their price target for the stock from GBX 325 ($4.07) to GBX 529 ($6.63) in a research report on Friday, November 17th. Finally, Shore Capital reiterated a buy rating on shares of Babcock International Group in a research report on Tuesday, November 14th. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from, the company presently has an average rating of Moderate Buy and an average target price of GBX 502.67 ($6.30).

Check Out Our Latest Stock Analysis on BAB

Babcock International Group Stock Down 0.4 %

Shares of BAB opened at GBX 457.40 ($5.73) on Thursday. The company has a market capitalization of £2.31 billion, a price-to-earnings ratio of 7,653.33, a PEG ratio of 1.35 and a beta of 1.27. The stock’s 50-day moving average price is GBX 423.09 and its 200-day moving average price is GBX 402.46. The company has a quick ratio of 0.76, a current ratio of 0.89 and a debt-to-equity ratio of 258.85. Babcock International Group has a 52 week low of GBX 266.60 ($3.34) and a 52 week high of GBX 468.60 ($5.87).

Babcock International Group Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, January 19th. Shareholders of record on Thursday, November 23rd were issued a dividend of GBX 1.70 ($0.02) per share. The ex-dividend date of this dividend was Thursday, November 23rd. This represents a dividend yield of 0.42%. Babcock International Group’s payout ratio is currently 5,000.00%.

Babcock International Group Company Profile

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Babcock International Group PLC, together with its subsidiaries, provides value-add services for aerospace, defense, and security in the United Kingdom, rest of Europe, Africa, North America, Australasia, and internationally. The company operates through four segments: Marine, Nuclear, Land, and Aviation.

Further Reading

Analyst Recommendations for Babcock International Group (LON:BAB)

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