Babcock sells oil & gas business to CHC Group for ?10m
1st Sep 2021 07:31
(Sharecast News) - Defence contractor Babcock International said it had sold its oil and gas aviation business to CHC Group for £10m as part of its disposal programme to cut debt.
Read moreBarclays upgrades Babcock to 'overweight'
27th Aug 2021 09:28
(Sharecast News) - Barclays upgraded Babcock to 'overweight' from 'equalweight' on Friday, lifting the price target to 424p from 315p.
Read moreMonday broker round-up
16th Aug 2021 15:10
(Sharecast News) - Dalata Hotel Group: Berenberg keeps at buy but cuts target price from 440.0p to 400.0p.
Read moreBabcock sells Frazer-Nash Consultancy to KBR for £293m
13th Aug 2021 07:02
(Sharecast News) - Defence and aerospace engineer Babcock said it has sold its Frazer-Nash Consultancy to US peer KBR for £293m as part of its disposal programme to bolster its balance sheet.
Read moreBabcock sells Frazer-Nash Consultancy to KBR for £293m
13th Aug 2021 07:02
(Sharecast News) - Defence and aerospace engineer Babcock said it has sold its Frazer-Nash Consultancy to US peer KBR for £293m as part of its disposal programme to bolster its balance sheet.
Read moreJPM ups Babcock target price and backs turnaround
10th Aug 2021 13:01
(Sharecast News) - JP Morgan backed Babcock International's turnaround plan as the bank increased its target price for the engineering group's shares.
Read moreTuesday broker round-up
10th Aug 2021 10:14
(Sharecast News) - Helios Towers: Berenberg stays at buy and raises target price from 203.0p to 224.0p.
Read moreBabcock hit by £2bn impairment charge, losses widen
30th Jul 2021 07:26
(Sharecast News) - Babcock said on Friday that full-year losses widened after a review of its contracts and balance sheet led to a hefty impairment charge, sending shares in the defence company tumbling.
Read moreBabcock to push forward on Ukrainian naval enhancement project
23rd Jun 2021 09:08
(Sharecast News) - Engineering services company Babcock has signed a tripartite memorandum of implementation in Odesa with the Ministry of Defence of Ukraine and the UK Government.
Read moreBabcock looking to offload rail business - report
4th May 2021 11:21
(Sharecast News) - Babcock International is preparing the sale of its rail business, it was reported on Tuesday, the opening salvo in a company-wide divestment programme.
Read moreFriday broker round-up
16th Apr 2021 13:17
(Sharecast News) - Dixons Carphone: RBC Capital Markets downgrades to sector perform with a target price of 150p.
Read moreThursday broker round-up
15th Apr 2021 12:52
(Sharecast News) - Naked Wines: Liberum downgrades to hold with a target price of 800p.
Read moreWednesday broker round-up
14th Apr 2021 13:07
(Sharecast News) - Gamesys Group: Canaccord downgrades to hold with a target price of 1,878p.
Read moreBabcock expects £1.7bn of impairments, aims to avoid equity raise
13th Apr 2021 07:12
(Sharecast News) - Babcock cautioned investors to expect multi-billion pound impairments and charges for the financial year just ended following its contract profitability and balance sheet review (CPBS).
Read moreBabcock said to be bracing for big writedown, shares slump
9th Apr 2021 08:44
(Sharecast News) - Babcock International shares slumped on Friday following a report the defence contractor is bracing for a big writedown.
Read more