Babcock International, ISIN: GB0009697037, the British defense and engineering group, has just reached a new 52-week high of €9.65, marking an impressive rally. Over the past year, the stock has gained nearly 60%, and in the last four weeks alone, it is up more than 11%.

Analysts remain mostly bullish: 88% of nine covering firms rate it as Buy or Outperform, and the average price target is 8.30 GBP (about €9.75), slightly above the current price.

However, some caution is warranted:

• The price/earnings ratio (P/E) is around 29, making the stock expensive compared to peers.

• Cash flow growth lags behind the share price, with the price/cash flow ratio (P/CF) rising to 15.45.

Resolution Criteria:
This market resolves to "YES" if the closing price of Babcock International (BAB.L) on the London Stock Exchange is at least 10% higher than its closing price on May 3, 2025, at any point up to and including May 31, 2025. Otherwise, it resolves to "NO".

• The reference price is the official closing price on May 3, 2025.

• The 10% threshold is calculated as:
  Reference Price×1.10Reference Price×1.10

• The market will be resolved based on publicly available closing prices from London Stock Exchange.

• If the 10% threshold is reached intraday but not at close, the market will still resolve to "NO"-only official closing prices count.

Resolution Date:
Market closes and will be resolved after the London Stock Exchange closes on May 31, 2025.