Babcock & Wilcox Enterprises, I found using ticker (BW) now have 3 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 15 and 11 calculating the average target price we see 13. Now with the previous closing price of 8.51 this would imply there is a potential upside of 52.8%. There is a 50 day moving average of 7.61 and the 200 day MA is 7.61. The company has a market capitalisation of $739m. Find out more information at: https://www.babcock.com
The potential market cap would be $1,129m based on the market concensus.
Babcock & Wilcox Enterprises, together with its subsidiaries, provides energy and environmental technologies and services for the power and industrial markets worldwide. The company operates through three segments: Babcock & Wilcox Renewable; Babcock & Wilcox Environmental; and Babcock & Wilcox Thermal. The Babcock & Wilcox Renewable segment offers technologies for waste-to-energy and biomass energy systems, as well as black liquor systems for the pulp and paper industry. This segment provides technologies support solutions for diverting waste from landfills to use for power generation and replacing fossil fuels while recovering metals and reducing emissions. The Babcock & Wilcox Environmental segment offers a range of emissions control and environmental technology solutions for utility, waste to energy, biomass, carbon black, and industrial steam generation applications. This segment provides systems for cooling, ash handling, particulate control, nitrogen oxides and sulfur dioxides removal, chemical looping for carbon control, and mercury control. The Babcock & Wilcox Thermal segment offers steam generation equipment; aftermarket parts; and construction, maintenance, and field services for plants in the power generation, oil and gas, and industrial sectors. This segment has an installed equipment for utilities and general industrial applications, luding refining, petrochemical, food processing, metals, and others. Babcock & Wilcox Enterprises was founded in 1867 and is headquartered in Akron, Ohio.