Babcock (BAB.L) share price edges toward 52-week high as traders line up for Jan 26 update
Babcock shares rose 0.7% to 1,479 pence by 0831 GMT Monday, close to their 52-week high, as investors await a trading update and a 2.5 pence interim dividend set for Jan. 16. The stock has gained about 15% since Jan. 2, outperforming weaker European markets. Babcock’s next trading update is due Jan. 26.