A JPMorgan analyst, David Perry, has elevated the price target for Babcock (BCKIF, Financial) from 1,100 GBp to 1,280 GBp. The analyst maintains an Overweight rating on the stock, reflecting a positive outlook on its potential performance.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 1 analysts, the average target price for Babcock International Group PLC (BCKIF, Financial) is $9.12 with a high estimate of $9.12 and a low estimate of $9.12. The average target implies an downside of 33.71% from the current price of $13.75. More detailed estimate data can be found on the Babcock International Group PLC (BCKIF) Forecast page.
Based on the consensus recommendation from 1 brokerage firms, Babcock International Group PLC's (BCKIF, Financial) average brokerage recommendation is currently 1.0, indicating "Buy" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Babcock International Group PLC (BCKIF, Financial) in one year is $5.63, suggesting a downside of 59.05% from the current price of $13.75. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Babcock International Group PLC (BCKIF) Summary page.
