Babcock International Group PLC (LON:BAB – Get Free Report) reached a new 52-week high on Friday . The company traded as high as GBX 753.50 ($9.76) and last traded at GBX 752.50 ($9.75), with a volume of 1461708 shares trading hands. The stock had previously closed at GBX 721.50 ($9.35).
Analysts Set New Price Targets
Separately, JPMorgan Chase & Co. upped their price target on shares of Babcock International Group from GBX 760 ($9.84) to GBX 900 ($11.66) and gave the stock an “overweight” rating in a report on Monday, March 3rd. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of GBX 687.50 ($8.91).
Check Out Our Latest Report on Babcock International Group
Babcock International Group Stock Performance
About Babcock International Group
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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