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Babcock International Group PLC Add to portfolio

LON100:BAB, Oct 16, 08:33 UTC

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Saturday, October 13


News

Are Analysts Bullish Babcock International Group PLC (LON:BAB) After Last Week?

BAB

Babcock International Group PLC had 21 analyst reports since May 17, 2018 according to SRatingsIntel. The stock has “Buy” rating by Numis Securities on Thursday, May 17. As per Monday, August 6, the company rating was maintained by Jefferies. 11/10/2018 Broker: JP Morgan Rating: Overweight Old Target: GBX 1365.00 New Target: GBX 998.00 Maintain10/10/2018 Broker: Shore Capital Rating: Buy Old Target: GBX 680.00 Maintain10/10/2018 Broker: Liberum Capital Rating: Buy Old Target: GBX 1100.00 Maintain08/10/2018 Broker: Shore Capital Rating: Buy Maintain19/09/2018 Broker: Peel Hunt Rating: Hold Old Target: GBX 760.00 Maintain19/09/2018 Broker: Liberum Capital Rating: Buy Old Target: GBX 1100.00 Maintain19/09/2018 Broker: Shore Capital Rating: Buy Maintain03/09/2018 Broker: Numis Securities Rating: Buy Old Target: GBX 1040.00 Maintain30/08/2018 Broker: Peel Hunt Rating: Hold Old Target: GBX 760.00 Maintain23/08/2018 Broker: Peel Hunt Rating: Hold Old Target: GBX 785.00 New Target: GBX 760.00 Maintain. The stock increased 0.93% or GBX 6 during the last trading session, reaching GBX 654.

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News

JPMorgan Chase & Co. Trims Babcock International Group (BAB) Target Price to GBX 998 – XNewsPress

BAB

Jefferies Financial Group decreased their target price on Babcock International Group from GBX 1,260 ($16.46) to GBX 950 ($12.41) and set a buy rating for the company in a report on Monday, August 6th. One research analyst has rated the stock with a sell rating, five have given a hold rating and eight have given a buy rating to the stock. LON:BAB opened at GBX 654 ($8.55) on Thursday. 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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Friday, October 12


News

Shore Capital Reiterates “Buy” Rating for Babcock International Group (BAB) – Fairfield Current

BAB

A number of other research firms have also issued reports on BAB. Jefferies Financial Group reduced their price target on shares of Babcock International Group from GBX 1,260 ($16.46) to GBX 950 ($12.41) and set a “buy” rating for the company in a research report on Monday, August 6th. One analyst has rated the stock with a sell rating, five have given a hold rating and eight have issued a buy rating to the company’s stock. The stock was purchased at an average cost of GBX 736 ($9.62) per share, with a total value of £110,400 ($144,257.15).

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Saturday, October 06


News

Were Analysts Bullish Babcock International Group PLC (LON:BAB) This Week?

BAB

19/09/2018 Broker: Peel Hunt Rating: Hold Old Target: GBX 760.00 Maintain19/09/2018 Broker: Liberum Capital Rating: Buy Old Target: GBX 1100.00 Maintain19/09/2018 Broker: Shore Capital Rating: Buy Maintain03/09/2018 Broker: Numis Securities Rating: Buy Old Target: GBX 1040.00 Maintain30/08/2018 Broker: Peel Hunt Rating: Hold Old Target: GBX 760.00 Maintain23/08/2018 Broker: Peel Hunt Rating: Hold Old Target: GBX 785.00 New Target: GBX 760.00 Maintain06/08/2018 Broker: Jefferies Rating: Buy Old Target: GBX 1260.00 New Target: GBX 950.00 Maintain30/07/2018 Broker: Peel Hunt Rating: Hold Old Target: GBX 785.00 Maintain19/07/2018 Broker: Liberum Capital Rating: Buy Old Target: GBX 1100.00 Maintain19/07/2018 Broker: Shore Capital Rating: Buy Maintain. The stock decreased 0.68% or GBX 4.8 during the last trading session, reaching GBX 705.2. The company has market cap of 3.56 billion GBP. The firm delivers through-life marine engineering services ranging from 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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Friday, October 05


News

Babcock International Group (LON:BAB) Given Buy Rating at Shore Capital – Marea Informative

BAB

Jefferies Financial Group decreased their price objective on Babcock International Group from GBX 1,260 ($16.41) to GBX 950 ($12.37) and set a buy rating on the stock in a research note on Monday, August 6th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and eight have issued a buy rating to the stock. The stock has a consensus rating of Buy and a consensus price target of GBX 909.62 ($11.85). Babcock International Group has a 52-week low of GBX 604 ($7.87) and a 52-week high of GBX 1,030 ($13.42).

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Tuesday, October 02


News

Babcock Wins Newcastle Helicopter Marine Pilot Contract

BAB

Babcock Australasia announced it has been awarded a further contract for helicopter marine pilot transfer services at the Newcastle Port, following a competitive tender process. Under the contract, Babcock will provide aircraft, pilots, engineering personnel and maintenance staff to ensure the safe transportation of marine pilots to ships located 3 to 8 nautical miles offshore. “This new contract reinforces our successful 19-year long relationship with the Port Authority of NSW that has been built on experience and trust,” said Lauren Bagshaw-Flanagan, Managing Director of Aviation Onshore at Babcock. In 2016/17, there were 2364 trade vessel visits to Newcastle Harbour and a total of 4706 pilotage movements performed – with approximately 80 percent of pilot transfers completed by helicopter.

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Saturday, September 29


News

How to Trade Babcock Momentum After an Earnings Gap Drop

BAB

Disclaimer The results here are provided for general informational purposes, as a convenience to the readers. In Restoration Hardware Holdings Inc, if the stock move immediately following an earnings result was a large drop (3% or more to the downside), when we test waiting one-day after that earnings announcement and then bought a three-week at the money (50 delta) put, the results were quite strong. Simply owning options after earnings, blindly, is likely not a good trade, but hand-picking the times and the stocks to do it in can be useful. In English, at the close of every trading day, if the put is up 40% from the price at the start of the trade, it gets sold for a profit. If it is down 40%, it gets sold for a loss.

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Friday, September 21


News

Babcock ecoSMRT® receives Lloyd’s Register acknowledgement for ship application

BAB

Receiving LR Risk Based Design (RBD) process approval at Gastech 2018 in Barcelona, ecoSMRT® has successfully completed extensive hazard identification (HAZID) and hazard and operability study (HAZOP). ecoSMRT®, Babcock’s disruptive technology for the LNG sector, delivers significant cost and footprint savings for its global customers in addition to environmental benefits and waste reduction. Neale Campbell, Babcock LGE Managing Director, said: “Our RBD approval by Lloyd’s Register highlights Babcock’s innovation within the liquefied gas market and ecoSMRT® is a shining example that we are trusted to deliver. Jose Navarro, Lloyd’s Register Global Gas Technology Principal Specialist – Marine & Offshore, said: “Through our Risk Base Design (RBD) appraisal, the engineering solution of Babcock’s ecoSMRT® reliquefaction system has demonstrated its safety, robustness and compliance towards the LR General Approval.

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Wednesday, September 19


News

Babcock reassures investors after downgrading growth

BAB

Babcock has eased investor fears by saying its sales are on course for the rest of the year, having previously warned it would be hit by a slowdown in spending on Britain’s replacement Trident submarine programme. Babcock shares fell more than 10pc in July when chief executive Archie Bethel warned about spending on new nuclear submarines for the Royal Navy. Mr Bethel’s attempts to play down the warning, saying the £70m of delayed spending was insignificant compared to the £2bn of business the company does with the MoD each year, were unsuccessful. Spending delays and plans to sell off small, non-core business led Babcock to cut guidance, saying underlying revenue would grow at a “low single digit” rate.

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Tuesday, September 18


News

Chart awarded BAHX contract by Babcock

BAB

Chart Energy & Chemicals, a subsidiary of Chart Industries, will provide 12 brazed aluminium plate fin heat exchangers (BAHX) for Babcock’s ecoSMRT® liquified natural gas (LNG) boil-off gas recovery system. The turndown capability of BAHX enables ecoSMRT® to operate at 30% to 100% reliquefaction capacity to match the boil-off gas system requirements. “Chart prides itself on being at the vanguard of LNG technology and we are delighted with this latest award and the opportunity to team up with Babcock LGE and assist in introducing a highly innovative solution into the marketplace,” said George Arnett, Chart Energy & Chemicals, Inc. VP Global Energy Sales & Marketing. “Babcock’s recent ecoSMRT® contract to Chart highlights our ongoing collaboration within the LNG market,” said Neale Campbell, Babcock LGE Managing Director.

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