Analyst Price Target is $7.33
▲ +8.48% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Babcock in the last 3 months. The average price target is $7.33, with a high forecast of $9.00 and a low forecast of $6.00. The average price target represents a 8.48% upside from the last price of $6.76.
Current Consensus is
Hold
The current consensus among 4 contributing investment analysts is to hold stock in Babcock. This rating changed within the last month from a Moderate Buy consensus rating.
Babcock & Wilcox Enterprises, Inc. engages in the provision of fossil and renewable power generation and environmental equipment. It operates through the following segments: B&W Renewable, B&W Environmental, and B&W Thermal. The B&W Renewable segment supports a circular economy, diverting waste from landfills to use for power generation and replacing fossil fuels, while recovering metals and reducing emissions. The B&W Environmental segment focuses on systems for cooling, ash handling, particulate control, nitrogen oxides and sulfur dioxides removal, chemical looping for carbon control, and mercury control. The B&W Thermal segment offers steam generation equipment, aftermarket parts, construction, maintenance, and field services for plants in the power generation, oil and gas, and industrial sectors. The company was founded by George H. Babcock, Stephen Wilcox, Jr., and Joseph P. Manton in 1856 and is headquartered in Akron, OH.
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