JPMorgan raised the firm’s price target on Babcock (BCKIF) to 1,000 GBp from 900 GBp and keeps an Overweight rating on the shares.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BCKIF:
- Positive Outlook for Babcock International: Buy Rating Justified by Improved Margins and Cash Flow
- Babcock International Reports Strong FY25 Performance and Strategic Contract Wins
- Positive Outlook for Babcock International Amid Contract Extension and Strategic Defense Review
- Babcock Secures £1 Billion Contract Extension with UK Ministry of Defence
- Babcock upgraded to Buy from Hold at Berenberg