Babcock & Wilcox Enterprises, I with ticker code (BW) now have 5 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 13 and 5 suggesting an average Analsyt target price of $9.20. Given that the stocks previous close was at $5.51 this would imply there is now a potential upside of 67.0%. Also worth taking note is the 50 day moving average now sits at $6.28 and the 200 day MA is $6.41. The market capitalization for the company is $496m. Visit the company website at: https://www.babcock.com
The potential market cap would be $828m based on the market consensus.
Babcock & Wilcox Enterprises., together with its subsidiaries, provides energy and emissions control solutions to a range of industrial, electrical utility, municipal, and other customers 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, solar construction and installation, 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 applicationsluding refining, petrochemical, food processing, metals, and others. Babcock & Wilcox Enterprises. was founded in 1867 and is headquartered in Akron, Ohio.
The company is not paying dividends at this time.
