Babcock International Group (OTCMKTS:BCKIY) Upgraded to “Strong-Buy” at Berenberg Bank

Berenberg Bank upgraded shares of Babcock International Group (OTCMKTS:BCKIY) from a hold rating to a strong-buy rating in a research report sent to investors on Monday,Zacks.com reports.

Babcock International Group Stock Up 5.9 %

Shares of BCKIY stock opened at $9.73 on Monday. Babcock International Group has a 12-month low of $5.96 and a 12-month high of $10.23. The company has a debt-to-equity ratio of 1.73, a current ratio of 0.89 and a quick ratio of 0.81. The firm has a 50-day moving average price of $7.41 and a 200 day moving average price of $6.84.

About Babcock International Group

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.