Babcock International Group PLC 29.6% Potential Upside Indicated by JP Morgan Cazenove

Broker Ratings

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 a target price of 516 GBX on its stock. This would imply the analyst believes there is now a potential upside of 29.6% from the opening price of 398 GBX. Over the last 30 and 90 trading days the company share price has increased 10.3 points and increased 43.3 points respectively. The 1 year high for the share price is 659.8 GBX while the 52 week low for the stock is 296.52 GBX.

Babcock International Group PLC has a 50 day moving average of 406.02 GBX and a 200 day moving average of 511.55. There are currently 505,596,597 shares in issue with the average daily volume traded being 1,602,186. Market capitalisation for LON:BAB is £1,973,343,456 GBP.

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