12 January 2024 - take profits
Shares in Babcock International have risen strongly recently as the group is seen as a beneficiary of the conflicts in both Ukraine and Palestine, whilst the recent attacks by the US and UK on the Houthi rebels in Yemen will also help. Investors have warmed to the story and have pushed the share price to its highest level for three years. Although the long term prospects at the group remain promising with little sign of conflicts ending the fact that the shares have risen from 385p just a month ago (a gain of 15% or . . .
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