Shares of Babcock International Group PLC (LON:BAB – Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 447.89 ($5.53) and traded as high as GBX 520 ($6.42). Babcock International Group shares last traded at GBX 510.50 ($6.31), with a volume of 535,959 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Berenberg Bank reissued a “buy” rating and set a GBX 510 ($6.30) price objective on shares of Babcock International Group in a report on Thursday, February 8th. Six investment analysts have rated the stock with a buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of GBX 526.80 ($6.51).
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Babcock International Group Price Performance
Babcock International Group Company Profile
Babcock International Group PLC, together with its subsidiaries, provides value-add services for aerospace, defense, and security in the United Kingdom, rest of Europe, Africa, North America, Australasia, and internationally. The company operates through four segments: Marine, Nuclear, Land, and Aviation.
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