Babcock-led partnership awarded 100m gbp electronic warfare contract
9th Nov 2021 16:22
(Sharecast News) - The Ministry of Defence has awarded a £100m contract to a consortium of firms led by Babcock to "deliver cutting-edge electronic warfare systems to the Royal Navy".
Read moreBabcock revenues rise as Frazer-Nash sale completed
21st Oct 2021 07:54
(Sharecast News) - British defence company Babcock International maintained annual guidance as it reported a rise in first half revenues.
Read moreRolls-Royce, Babcock sell stakes in Air Tanker Holdings
13th Sep 2021 07:06
(Sharecast News) - UK engine maker Rolls-Royce and defence engineer Babcock on Monday said they had sold their stakes in in AirTanker Holdings Limited to Equitix Investment Management.
Read moreBabcock 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.
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