Peel Hunt reiterated their hold rating on shares of Babcock International Group (LON:BAB) in a research report sent to investors on Monday, ThisIsMoney.Co.Uk reports.

Other equities research analysts have also recently issued research reports about the stock. Jefferies Financial Group increased their target price on shares of Linde from $205.00 to $216.00 and gave the company a buy rating in a research note on Tuesday, May 28th. They noted that the move was a valuation call. Numis Securities reissued a buy rating and issued a GBX 3,600 ($47.04) price target on shares of in a research report on Friday, June 14th. JPMorgan Chase & Co. reissued a neutral rating and issued a GBX 1,700 ($22.21) price target on shares of in a research report on Tuesday, June 18th. Royal Bank of Canada reaffirmed an outperform rating and set a GBX 150 ($1.96) price objective on shares of in a report on Monday, June 17th. Finally, Shore Capital reaffirmed a buy rating on shares of in a report on Thursday, June 6th. Seven investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Babcock International Group presently has a consensus rating of Hold and an average price target of GBX 621.44 ($8.12).

Shares of LON BAB traded up GBX 0.90 ($0.01) during mid-day trading on Monday, hitting GBX 428 ($5.59). The company had a trading volume of 1,795,837 shares, compared to its average volume of 2,170,000. The company has a debt-to-equity ratio of 48.99, a quick ratio of 0.72 and a current ratio of 0.94. The firm’s 50-day moving average price is GBX 461.35. Babcock International Group has a 12 month low of GBX 410.10 ($5.36) and a 12 month high of GBX 813.60 ($10.63). The company has a market cap of $2.16 billion and a price-to-earnings ratio of 10.86.

The company also recently disclosed a dividend, which will be paid on Friday, August 9th. Stockholders of record on Thursday, July 4th will be issued a dividend of GBX 22.90 ($0.30) per share. This is a positive change from Babcock International Group’s previous dividend of $7.10. The ex-dividend date of this dividend is Thursday, July 4th. This represents a dividend yield of 4.86%. Babcock International Group’s dividend payout ratio (DPR) is presently 0.76%.

In related news, insider Archie Bethel sold 13,466 shares of the firm’s stock in a transaction that occurred on Wednesday, June 19th. The shares were sold at an average price of GBX 480 ($6.27), for a total value of £64,636.80 ($84,459.43). Also, insider Ruth Cairnie purchased 5,000 shares of the stock in a transaction that occurred on Monday, July 8th. The stock was bought at an average cost of GBX 443 ($5.79) per share, with a total value of £22,150 ($28,942.90).

About Babcock International Group

Babcock International Group PLC, together with its subsidiaries, provides engineering services for marine, land, aviation, and nuclear sectors in the United Kingdom and internationally. The company delivers through-life marine engineering services, including supporting naval fleets, commercial marine, engineering consultancy, weapons handling, equipment support, intelligence and cyber-security, and technical training to defense and civil customers.

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Analyst Recommendations for Babcock International Group (LON:BAB)

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