Babcock International Group PLC (LON:BAB – Get Free Report)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 501.41 ($6.23) and traded as high as GBX 529.50 ($6.58). Babcock International Group shares last traded at GBX 529.50 ($6.58), with a volume of 548,153 shares trading hands.
Analyst Upgrades and Downgrades
Several brokerages recently issued reports on BAB. Berenberg Bank reissued a “hold” rating and set a GBX 565 ($7.02) target price on shares of Babcock International Group in a research note on Wednesday, November 13th. Shore Capital reissued a “buy” rating on shares of Babcock International Group in a research report on Wednesday, November 13th.
Check Out Our Latest Analysis on BAB
Babcock International Group Trading Up 1.2 %
Babcock International Group (LON:BAB – Get Free Report) last released its quarterly earnings data on Monday, November 18th. The company reported GBX 23.50 ($0.29) earnings per share for the quarter. Babcock International Group had a net margin of 3.77% and a return on equity of 43.29%. Analysts anticipate that Babcock International Group PLC will post 41.4298019 earnings per share for the current fiscal year.
Babcock International Group Cuts Dividend
The business also recently declared a dividend, which was paid on Friday, January 17th. Shareholders of record on Thursday, December 5th were paid a dividend of GBX 2 ($0.02) per share. The ex-dividend date of this dividend was Thursday, December 5th. This represents a yield of 0.4%. Babcock International Group’s dividend payout ratio (DPR) is currently 1,562.50%.
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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