Deutsche Bank Aktiengesellschaft Reaffirms “Buy” Rating for Babcock International Group (LON:BAB)

Babcock International Group (LON:BAB)‘s stock had its “buy” rating reaffirmed by research analysts at Deutsche Bank Aktiengesellschaft in a report released on Tuesday, Marketbeat reports. They currently have a GBX 625 ($7.85) target price on the stock. Deutsche Bank Aktiengesellschaft’s price target would indicate a potential upside of 19.27% from the company’s previous close.

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

Babcock International Group Trading Down 0.1 %

Shares of Babcock International Group stock opened at GBX 524 ($6.58) on Tuesday. The company’s fifty day simple moving average is GBX 512.72 and its 200-day simple moving average is GBX 455.32. The company has a market cap of £2.65 billion, a price-to-earnings ratio of 8,733.33, a PEG ratio of 1.35 and a beta of 1.27. The company has a current ratio of 0.89, a quick ratio of 0.76 and a debt-to-equity ratio of 258.85. Babcock International Group has a 1 year low of GBX 266.60 ($3.35) and a 1 year high of GBX 543.50 ($6.83).

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.