Babcock International Group PLC (LON:BAB – Get Free Report) reached a new 52-week high during trading on Friday . The stock traded as high as GBX 753.50 ($9.75) and last traded at GBX 752.50 ($9.73), with a volume of 1461708 shares changing hands. The stock had previously closed at GBX 721.50 ($9.33).
Wall Street Analyst Weigh In
Separately, JPMorgan Chase & Co. increased their price objective on shares of Babcock International Group from GBX 760 ($9.83) to GBX 900 ($11.64) and gave the stock an “overweight” rating in a research note on Monday, March 3rd. One research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, Babcock International Group presently has an average rating of “Moderate Buy” and an average target price of GBX 687.50 ($8.89).
Get Our Latest Report on Babcock International Group
Babcock International Group Trading Up 4.3 %
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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