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

Berenberg Bank upgraded shares of Babcock International Group (OTCMKTS:BCKIY) from a hold rating to a strong-buy rating in a research report report published on Monday morning,Zacks.com reports.

Babcock International Group Stock Up 5.9 %

Shares of OTCMKTS:BCKIY opened at $9.73 on Monday. Babcock International Group has a 12 month low of $5.96 and a 12 month high of $10.23. The company’s fifty day simple moving average is $7.41 and its 200 day simple moving average is $6.84. The company has a debt-to-equity ratio of 1.73, a quick ratio of 0.81 and a current ratio of 0.89.

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.