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 and has a mean target at 13. Now with the previous closing price of 6.85 this indicates there is a potential upside of 89.8%. The 50 day MA is 8.62 while the 200 day moving average is 7.73. The market capitalisation for the company is $584m. You can visit the company’s website by visiting: https://www.babcock.com
The potential market cap would be $1,108m 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, including refining, petrochemical, food processing, metals, and others. Babcock & Wilcox Enterprises was founded in 1867 and is headquartered in Akron, Ohio.
