Babcock International Group (LON:BAB) Stock Passes Above 200 Day Moving Average – Should You Sell?

Shares of Babcock International Group PLC (LON:BABGet Free Report) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 546.82 ($7.10) and traded as high as GBX 733 ($9.52). Babcock International Group shares last traded at GBX 724 ($9.40), with a volume of 1,173,932 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. increased their price target on Babcock International Group from GBX 760 ($9.87) to GBX 900 ($11.69) and gave the company an “overweight” rating in a research report on Monday, March 3rd. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of GBX 687.50 ($8.93).

View Our Latest Report on BAB

Babcock International Group Stock Performance

The company has a market capitalization of £3.66 billion, a P/E ratio of 22.09, a PEG ratio of 1.35 and a beta of 1.28. The stock’s fifty day moving average price is GBX 655.45 and its 200-day moving average price is GBX 550.44. The company has a debt-to-equity ratio of 256.62, a quick ratio of 0.76 and a current ratio of 0.86.

Babcock International Group Company Profile

(Get Free Report)

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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