Babcock International Group PLC 43.8% Potential Upside Indicated by Jefferies International

Broker Ratings
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Babcock International Group PLC using EPIC/TICKER code (LON:BAB) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Jefferies International. Babcock International Group PLC are listed in the Industrials sector within UK Main Market. Jefferies International have set a target price of 520 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 43.8% from today’s opening price of 361.7 GBX. Over the last 30 and 90 trading days the company share price has decreased 33.3 points and increased 40.4 points respectively. The 1 year high for the share price is 659.8 GBX while the year low share price is currently 296.52 GBX.

Babcock International Group PLC has a 50 day moving average of 408.21 GBX and a 200 day moving average of 509.65. There are currently 505,596,597 shares in issue with the average daily volume traded being 1,801,766. Market capitalisation for LON:BAB is £1,811,552,545 GBP.

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    Babcock International (LON:BAB) reports strong half-year results with revenue and profit growth, reflecting positive momentum and strategic execution.
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