Babcock International Group (LON:BAB) Reaches New 1-Year High at $534.50

Posted by Matthew Steigler on Mar 28th, 2024

Babcock International Group PLC (LON:BAB – Get Free Report) shares reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 534.50 ($6.75) and last traded at GBX 534.50 ($6.75), with a volume of 1560072 shares trading hands. The stock had previously closed at GBX 514 ($6.50).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 510 ($6.45) price target on shares of Babcock International Group in a report on Thursday, February 8th. Six investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of GBX 526.80 ($6.66).

Check Out Our Latest Research Report on Babcock International Group

Babcock International Group Stock Performance

The firm has a fifty day moving average of GBX 483.63 and a 200-day moving average of GBX 430.51. The stock has a market capitalization of £2.70 billion, a price-to-earnings ratio of 8,866.67, a PEG ratio of 1.35 and a beta of 1.28. 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 Company Profile

(Get Free Report)

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.