Bodycote (BOY) Cut to “Hold” at Deutsche Bank

Deutsche Bank cut shares of Bodycote (LON:BOY) to a hold rating in a research note released on Monday. Deutsche Bank currently has GBX 990 ($13.32) price objective on the stock.

Other equities research analysts have also issued research reports about the company. Berenberg Bank initiated coverage on Bodycote in a research report on Wednesday, September 6th. They set a hold rating and a GBX 910 ($12.25) price target on the stock. Peel Hunt restated a buy rating and issued a GBX 965 ($12.99) price target on shares of Bodycote in a research note on Tuesday, October 31st. J P Morgan Chase & Co reiterated a neutral rating and set a GBX 850 ($11.44) target price on shares of Bodycote in a research note on Friday, October 27th. Beaufort Securities reiterated a buy rating on shares of Bodycote in a research note on Friday, October 27th. Finally, Liberum Capital reiterated a buy rating and set a GBX 1,025 ($13.80) target price (up from GBX 910 ($12.25)) on shares of Bodycote in a research note on Thursday, October 26th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and seven have given a buy rating to the company. The stock presently has a consensus rating of Hold and an average target price of GBX 894.17 ($12.03).

Bodycote (LON:BOY) opened at GBX 867.50 ($11.68) on Monday. Bodycote has a 1-year low of GBX 577 ($7.77) and a 1-year high of GBX 980 ($13.19).

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About Bodycote

Bodycote plc is a provider of thermal processing services. The Company has six operating segments, split between Aerospace, Defense and Energy (ADE) and Automotive and General Industrial (AGI) business areas: ADE-Western Europe; ADE-North America; ADE-Emerging markets; AGI-Western Europe; AGI-North America, and AGI-Emerging markets.

Analyst Recommendations for Bodycote (LON:BOY)

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