Babcock International Group PLC 22.4% Potential Upside Indicated by JP Morgan Cazenove

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Babcock International Group PLC using EPIC/TICKER code (LON:BAB) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ today by analysts at JP Morgan Cazenove. Babcock International Group PLC are listed in the Industrials sector within UK Main Market. JP Morgan Cazenove have set their target price at 557 GBX on its stock. This indicates the analyst now believes there is a potential upside of 22.4% from the opening price of 455 GBX. Over the last 30 and 90 trading days the company share price has decreased 60 points and decreased 107.6 points respectively. The 1 year high for the stock price is 868 GBX while the 52 week low for the stock is 434.35 GBX.

Babcock International Group PLC has a 50 day moving average of 522.53 GBX and the 200 Day Moving Average price is recorded at 585.92. There are currently 237,403,744 shares in issue with the average daily volume traded being 2,392,193. Market capitalisation for LON:BAB is £2,224,625,026 GBP.

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