Berenberg Bank Upgrades Babcock International Group (OTCMKTS:BCKIY) to “Strong-Buy”

Babcock International Group (OTCMKTS:BCKIY) was upgraded by stock analysts at Berenberg Bank from a “hold” rating to a “strong-buy” rating in a research report issued on Monday,Zacks.com reports.

Babcock International Group Stock Performance

Shares of BCKIY opened at $9.73 on Monday. The business has a 50-day simple moving average of $7.41 and a two-hundred day simple moving average of $6.84. The company has a quick ratio of 0.81, a current ratio of 0.89 and a debt-to-equity ratio of 1.73. Babcock International Group has a 12-month low of $5.96 and a 12-month high of $10.23.

About Babcock International Group

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.