Babcock Share Discussion Threads

[mechanical trader] 03/3/2011 13:25

Currently trading on a P/E of around 11 where as in the past the historical P/E is around 17 to 18 so we have a fair way to go and the stock is way undervalued imo.

Heres Brokers share price targets going back to December......

Date Broker name New Price Old price target New price target Broker change

02-Mar-11 Panmure Gordon Buy 558.00p 750.00p - Reiteration
11-Feb-11 Seymour Pierce Buy 571.00p 670.00p - Reiteration
02-Feb-11 Arden Partners Buy 567.00p - - Reiteration
25-Jan-11 Seymour Pierce Buy 579.00p 670.00p - Reiteration
21-Jan-11 Panmure Gordon Buy 560.00p 750.00p - Reiteration
11-Jan-11 Arden Partners Buy 590.00p - - Reiteration
10-Jan-11 Panmure Gordon Buy 570.50p 750.00p - Reiteration
02-Dec-10 Royal Bank of Scotland Buy 550.50p - 620.00p New Coverage

Some pretty impressive targets their.

[rogerrail] 18/2/2011 19:33

I agree, it has a solid order book with benefits from the merger with VT coming on stream, any revenue lost through the csr should be more than balanced by government aims to improve efficeny by outsourcing more support contracts and I expect higher revenue in energy, nuclear and rail indsutstries to come due to increasing activity in these areas. Also overseas contracts look very secure. the price has not really moved for along while so for me its a good time to buy relative to the rest of the market.

[killieboy] 17/2/2011 21:01

Nothing to worry about here - good company with strong order book.

[alter ego] 25/1/2011 08:34

IMS out today
www.investegate.co.uk/Article.aspx?id=201101250700089991Z

[killieboy] 02/12/2010 09:38

RBS upgrade to buy:

[azalea] 01/12/2010 09:23

Given the sp,the narrow spread and smallish size of trades, the antics PI is puzzling in that they cannot be making a profit on the movement of a few pence.

[value viper] 23/11/2010 21:05

i believe the selling has been a read across from the cautious statement from capita recently. director buying adds confidence.

[killieboy] 19/11/2010 15:39

Why all the selling - nothing in the press that I can see. Govt cuts?

[value viper] 19/11/2010 14:07

buying more - oversold bigtime imv.

[alter ego] 09/11/2010 09:40

answering my own question - looks like there are approx 50% more shares in issue after VT acquistion.

[alter ego] 09/11/2010 07:34

Interims this morning show underlying revenue up 31% and PBT up 27% but earnings down 2% - can someone explain please?

[value viper] 03/9/2010 20:42

big dip on price recently; directors getting the cheque books out ; accumulating some shares down here also.

[dafrog] 25/8/2010 13:48

Sold. Better ways to chuck money away.

[grigor] 24/8/2010 22:36

Worries about government spending, especially Trident and new Aircraft Carriers ?

[dafrog] 24/8/2010 15:36

At least the drop has to stop at zero.