9 April 2021 - THE TRADER
Shares in Babcock International have been a disappointing investment for many years, with the share price dropping from 1300p in 2014 in a steady downtrend. Even as recently as January last year, the share price stood at over 640p. The share price has been below 220p three times in the last seven months but have rebounded every time and we suggest this could happen again this time. We suggest the shares as a trading buy at 217p with a share price target of 260p (last reached just a month ago!) representing a potential gain of . . .
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