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Babcock International Group PLC 51.1% Potential Upside Indicated by JP Morgan Cazenove

Babcock International Group PLC with EPIC/TICKER (LON:BAB) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ today by analysts at JP Morgan Cazenove. Babcock International Group PLC are listed in the Industrials sector within UK Main Market. JP Morgan Cazenove have set a target price of 998 GBX on its stock. This would imply the analyst believes there is now a potential upside of 51.1% from today’s opening price of 660.4 GBX. Over the last 30 and 90 trading days the company share price has decreased 58.2 points and decreased 127.2 points respectively. The 1 year high stock price is 868 GBX while the year low share price is currently 604 GBX.

Babcock International Group PLC has a 50 day moving average of 720.22 GBX and a 200 day moving average of 735.25. There are currently 505,596,597 shares in issue with the average daily volume traded being 2,566,835. Market capitalisation for LON:BAB is £3,366,034,520 GBP.