Babcock share price today: BAB.L slips despite fresh buybacks and higher broker targets
Babcock shares slipped 0.34% to 1,449p in early London trading after announcing further share buybacks. Jefferies and JPMorgan raised their target prices to 1,670p and 1,700p, respectively, as investors watch for a June board handover. The company reaffirmed its FY26 outlook and margin target, citing contracted revenue and new Arrowhead licence deals in Indonesia.