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Babcock International Group PLC 58.5% Potential Upside Indicated by JP Morgan Cazenove

Babcock International Group PLC with EPIC/TICKER (LON:BAB) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ this morning 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 772 GBX on its stock. This would imply the analyst believes there is now a potential upside of 58.5% from the opening price of 487.1 GBX. Over the last 30 and 90 trading days the company share price has decreased 62.9 points and increased 8.7 points respectively. The 1 year high stock price is 868 GBX while the 52 week low for the share price is 471.9 GBX.

Babcock International Group PLC has a 50 day moving average of 546.40 GBX and the 200 Day Moving Average price is recorded at 635.75. There are currently 505,596,597 shares in issue with the average daily volume traded being 1,700,793. Market capitalisation for LON:BAB is £2,460,738,699 GBP.