Babcock International Group’s (BAB) Buy Rating Reaffirmed at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reiterated their buy rating on shares of Babcock International Group (LON:BAB) in a research note released on Tuesday, Marketbeat.com reports. The brokerage currently has a GBX 625 ($7.85) price target on the stock.

Separately, Berenberg Bank reissued a buy rating and set a GBX 510 ($6.41) target price on shares of Babcock International Group in a research note on Thursday, February 8th. Six equities research analysts have rated the stock with a buy rating, According to MarketBeat, the company has a consensus rating of Buy and an average price target of GBX 559.80 ($7.03).

Babcock International Group Stock Performance

Shares of BAB stock opened at GBX 532.50 ($6.69) on Tuesday. The stock has a 50-day moving average of GBX 512.04 and a 200-day moving average of GBX 454.84. Babcock International Group has a one year low of GBX 266.60 ($3.35) and a one year high of GBX 543.50 ($6.83). The company has a debt-to-equity ratio of 258.85, a current ratio of 0.89 and a quick ratio of 0.76. The stock has a market cap of £2.69 billion, a PE ratio of 8,741.67, a price-to-earnings-growth ratio of 1.35 and a beta of 1.27.

Babcock International Group Company Profile

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.