Babcock Intl Group (BCKIY) Downgraded by Zacks Investment Research to “Hold”

Zacks Investment Research lowered shares of Babcock Intl Group (OTCMKTS:BCKIY) from a buy rating to a hold rating in a research report report published on Friday morning.

According to Zacks, “Babcock International Group PLC offers engineering support services to the defense, energy, emergency services, transport and education sectors. The Company’s operating segment consists of Marine and Technology, Defence and Security, Support Services and International. Marine and Technology segment offers engineering support services to the Royal Navy. Defence and Security segment provides to the United Kingdom’s armed forces, delivering technical training and asset management. Support Services segment manages assets, delivers programs and teaches vital skills for civil Governments and blue-chip commercial organizations. Mission Critical Services business is a provider of helicopter and fixed-wing emergency services and crew change services for oil and gas operators primarily in Europe and Australia. Babcock International Group PLC is headquartered in London, the United Kingdom. “

Babcock Intl Group (OTCMKTS:BCKIY) remained flat at $$10.99 during midday trading on Friday. Babcock Intl Group has a one year low of $9.25 and a one year high of $13.05. The company has a quick ratio of 0.81, a current ratio of 0.93 and a debt-to-equity ratio of 0.55.

COPYRIGHT VIOLATION WARNING: “Babcock Intl Group (BCKIY) Downgraded by Zacks Investment Research to “Hold”” was originally reported by The Led....

read more from