Babcock International Group (LON:BAB) Insider Sells £1,339,610.39 in Stock

Babcock International Group PLC (LON:BAB) insider David Mellors sold 135,451 shares of Babcock International Group stock in a transaction that occurred on Wednesday, September 30th. The shares were sold at an average price of GBX 989, for a total value of £1,339,610.39.

David Mellors also recently made the following trade(s):

• On Monday, August 3rd, David Mellors sold 24,804 shares of Babcock International Group stock. The stock was sold at an average price of GBX 1,144, for a total value of £283,757.76.

Babcock International Group Trading Down 2.8%

BAB opened at GBX 922.20 on Friday. The company has a quick ratio of 0.76, a current ratio of 0.80 and a debt-to-equity ratio of 178.86. Babcock International Group PLC has a 52 week low of GBX 902.40 and a 52 week high of GBX 1,527. The stock has a market cap of £4.52 billion, a PE ratio of 22.33, a PEG ratio of 1.35 and a beta of 0.86. The business has a 50 day moving average of GBX 1,066.17 and a 200-day moving average of GBX 1,093.55.

Analyst Upgrades and Downgrades

BAB has been the topic of several research reports. Royal Bank Of Canada dropped their price objective on shares of Babcock International Group from GBX 1,400 to GBX 1,390 and set an “outperform” rating on the stock in a research note on Monday, July 20th. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 1,400 target price on shares of Babcock International Group in a research note on Wednesday, July 1st. Berenberg Bank dropped their price target on Babcock International Group from GBX 1,675 to GBX 1,430 and set a “buy” rating on the stock in a research report on Monday, August 3rd. Finally, Citigroup upped their price target on Babcock International Group from £155.40 to £155.60 and gave the stock a “buy” rating in a research note on Wednesday, June 24th. Five investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of GBX 4,256.

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. It designs, procures, operates, and manages critical utility and process equipment; offers asset management, defense and maritime training, information and intelligence, equipment and system, and facilities and infrastructure services, as well as naval platforms; and designs, manufactures, and provides through-life support for mechanical and electrical systems and equipment.