Babcock International hums to 8yr high as analysts warm to Cavendish Nuclear arm

  • Babcock International PLC (LSE:BAB) shares were lifted almost 3% to 884.8p, the highest since summer 2017, as a host of banks and brokers warmed to its Cavendish Nuclear business. JPMorgan analyst David Perry raised his share price target to £11 from £10 as he said the next five years "look very exciting.