---
title: "Weekly Recap: 1,430p price cut, Buy retained and Reduced short interest"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295360657.md"
description: "Berenberg lowered its price target for Babcock International Group PLC (LSE:BAB) to 1,430p from 1,675p but maintained a Buy rating. Concurrently, Citi reported reduced short interest in BAB, attributing the shift to a broader rally in defense stocks that has eased bearish exposure."
datetime: "2026-08-10T05:15:25.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295360657.md)
  - [en](https://longbridge.com/en/news/295360657.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295360657.md)
generator: "portal-rs"
---

# Weekly Recap: 1,430p price cut, Buy retained and Reduced short interest

Berenberg trimmed its price target on Babcock International Group PLC (LSE:BAB) to 1,430p from 1,675p while keeping a Buy rating, as Citi notes reduced short interest in LSE:BAB amid a broader rally that has lifted defense stocks and eased bearish exposure.

**Previous Week Recap**

-   **Babcock Price Target Cut Buy**: Berenberg cut Babcock International (BAB) price target to 1,430p from 1,675p and kept a Buy rating. dpa-AFX
-   **Reduced Short Interest In BAB**: Citi noted reduced short interest in Babcock International Group PLC (BAB) as defense stocks rallied to recent highs, showing lower short exposure in BAB versus prior measures. Reuters

**Disclaimer**

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original sources.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**