Babcock International Group PLC

Babcock International Group is a holding company. Through its subsidiaries, Co. operates in four sectors: Marine, which provides an array of marine and naval engineering services; Land, which provides fleet management and training for customer-owned defense, emergency services, global airport and commercial vehicle fleets, as well as engineering services and technical training for customers worldwide; Aviation, which delivers an array of engineering services to defense and civil customers; and Cavendish Nuclear, which delivers nuclear engineering on nuclear decommissioning programs and projects across the U.K., as well as nuclear engineering services in training and operation support.
  • TickerBAB
  • ISINGB0009697037
  • ExchangeLondon Stock Exchange
  • SectorAerospace & Defense
  • CountryUnited Kingdom

Analysts

Institutional Comment: Daily comment

Institutional Comment: Daily comment

Louis-Clément AZAIS d'UHART

Short term view - BABCOCK INTL GROUP PLC : Scenario invalidated

Our previous opinion was negative. We are neutral. Our invalidation level has been triggered, we turn neutral.

Louis-Clément AZAIS d'UHART

Analyse court terme - BABCOCK INTL GROUP PLC : Scenario invalidé

Notre précédent avis était négatif. Nous sommes neutre. Notre seuil d'invalidation a été déclenché, nous revenons donc à un avis neutre.

Matthieu DRIOL

Analyse moyen terme - BABCOCK INTL GROUP PLC : Sans tendance

Une correction est en cours. La tendance n'est plus haussière car le dernier creux significatif a été enfoncé, mais elle n'est pas encore baissière. Nous n'avons pas encore deux creux et deux sommets en baisse. La tendance est neutre.Arguments :- Le support est atteint, la réaction...

Institutional Comment: Daily comment

Institutional Comment: Daily comment

Jeffrey Vonk

Profitable Growth for Narrow-Moat Babcock as Defence Outsourcing Continues; Shares Undervalued

We are initiating coverage on Babcock with a fair value estimate of GBX 1040 per share, and we believe the current share price does not fully reflect the firm’s profitability growth potential. Babcock is one of the largest suppliers to the U.K. Ministry of Defence. Based on long-term agreements, the firm offers maintenance and retrofit of warships and nuclear-powered submarines to the Royal Navy and provides fleet management for the British Army. The MoD is Babcock's largest customer (42% of sal...

Jeffrey Vonk

Narrow-Moat Babcock Main Beneficiary of Rising Defence Budgets and Outsourcing; Shares Undervalued

Narrow-moat Babcock's July 13 trading update supports our view that the firm is one of the main beneficiaries of rising U.K. defence budgets and the U.K. government's commitment to outsourcing to the private sector, as highlighted in the 2015 Strategic Defense and Security Review. We believe that outsourcing in the international defense market will also pick up, opening the door for accelerated growth for Babcock’s equipment support services and training activities outside the U.K. We maintain o...

Jeffrey Vonk

After Share Price Correction, We See Buying Opportunity in Babcock’s Shares

We are increasing our fair value estimate to GBX 1,060 from GBX 1,040 per share for the London-listed shares to adjust for the time value of money and modestly updated pension assumptions. Narrow-moat Babcock is one of the main beneficiaries of rising U.K defence budgets and a pickup in outsourcing in the international defense market. Due to lower volumes from the Queen Elizabeth Class aircraft carrier programme, Babcock’s revenue in the marine sector will be modestly down in fiscal 2018; howeve...

1 director bought

A director at Babcock International Group bought 10,000 shares at 444p and the significance rating of the trade was 67/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The name...

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

MarketLine Department

Babcock International Group PLC - Strategy, SWOT and Corporate Finance Report

Summary Babcock International Group PLC - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Findings - Detailed information on Babcock International Group PLC required for business and competitor intelligence needs - A study of the major internal and external factors affecting Babcock International Group PLC in the form of a SWOT analysis - An in-depth view of the business model...

MarketLine Department

SAcyr SA - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

Summary Marketline's SAcyr SA Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by SAcyr SA since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage. Key Highlights This ...

Expert Corporate Governance Service (ECGS)

Etude l' AG du 13/07/2017

Item 2: Approve the Remuneration Report. The structure is weighted more towards rewarding long-term performance.  The payout is adequately aligned with performance.  The Company has changed the policy so that accelerated vesting in the event of a change of control is not possible. However, the quantum is considered excessive given the length of service during the year.  Item 3: Approve the Remuneration Policy. The changes proposed to the Remuneration Policy strengthen the alignment between pay and performance by decreasing reliance on EPS for the STI and introducing a holding period for the LT...

Expert Corporate Governance Service (ECGS)

Babcock International Group PLC - Proxy report 19/07/2018

Item 2: Approve the Remuneration Report The structure is weighted more towards rewarding long-term performance, the payout is adequately aligned with performance, accelerated vesting in the event of a change of control is not possible, and the quantum is not excessive. Item 8: Re-elect the Lead Independent Director The Lead Independent Director is not considered independent due to his tenure on the Board. This does not meet ECGS guidelines due to the importance of this role in providing leadership for the independent directors on the Board.

Babcock Group PLC – Proxinvest Corporate Governance Rating ® : B

Proxinvest Corporate Governance Rating ® helps investors integrate governance into their investment decision and identify governance risks and opportunities within their portfolio. Proxinvest Corporate Governance Rating ® Service rates European issuers through the analysis of four main themes : Ownership & Shareholder rights, Board & Committees, Audit & Process, Remuneration. Each theme is rated taking into account several comprehensive sub-categories. Our unique two-step process to achieve each rating includes a first step quantitative valuation and a second step qualitative filter...

Expert Corporate Governance Service (ECGS)

Babcock Group PLC, 18 July 2019

Boatman Capital Research Activism The Company has been subject to criticism in two reports by Boatman Capital Research (Boatmann). The first report in October 2018 claimed that the Company had been systematically misleading investors by burying bad news about its performance, should overhaul its leadership, and has a poor relationship with its largest customer, the UKns Ministry of Defence. The second report in May 2019 claimed that the Company should write down the value of its Defence Support Group subsidiary, should overhaul its executive team, and called the Companyns corporate structure,...

Louis-Clément AZAIS d'UHART

Short term view - BABCOCK INTL GROUP PLC : Scenario invalidated

Our previous opinion was negative. We are neutral. Our invalidation level has been triggered, we turn neutral.

Louis-Clément AZAIS d'UHART

Analyse court terme - BABCOCK INTL GROUP PLC : Scenario invalidé

Notre précédent avis était négatif. Nous sommes neutre. Notre seuil d'invalidation a été déclenché, nous revenons donc à un avis neutre.

Matthieu DRIOL

Analyse moyen terme - BABCOCK INTL GROUP PLC : Sans tendance

Une correction est en cours. La tendance n'est plus haussière car le dernier creux significatif a été enfoncé, mais elle n'est pas encore baissière. Nous n'avons pas encore deux creux et deux sommets en baisse. La tendance est neutre.Arguments :- Le support est atteint, la réaction...

Matthieu DRIOL

Medium term view - BABCOCK INTL GROUP PLC : Without trend

A correction is underway. The trend is not bullish anymore as the previous significant low has been broken, but it is not yet bearish. We do not have two descending peaks and troughs. The trend is neutral.Arguments :- The support has been reached, price reaction is very shy. It does...

Louis-Clément AZAIS d'UHART

Short term view - BABCOCK INTL GROUP PLC : The falling moving average confirms our opinion.

Our previous opinion was neutral. We turn negative with a target at 878,6 p and an invalidation level at 958,7 p. The bearish trend unfolds. Arguments : - The falling moving average confirms our opinion.

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