Bodycote plc (LON:BOY) Given Average Recommendation of “Moderate Buy” by Brokerages

Bodycote plc (LON:BOYGet Free Report) has been assigned an average recommendation of “Moderate Buy” from the six research firms that are covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12-month price target among brokers that have covered the stock in the last year is GBX 875.83.

BOY has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 960 price objective on shares of Bodycote in a research note on Thursday, August 6th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 900 price target on shares of Bodycote in a report on Wednesday, July 29th. Royal Bank Of Canada boosted their price target on shares of Bodycote from GBX 750 to GBX 950 and gave the company a “sector perform” rating in a research report on Thursday, August 6th. Finally, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 900 price target on shares of Bodycote in a report on Thursday, August 6th.

Check Out Our Latest Stock Report on Bodycote

Bodycote Price Performance

Shares of LON:BOY opened at GBX 905.50 on Friday. The company has a quick ratio of 0.74, a current ratio of 1.12 and a debt-to-equity ratio of 35.03. The firm has a market capitalization of £1.53 billion, a PE ratio of 26.95, a P/E/G ratio of 1.44 and a beta of 1.35. Bodycote has a twelve month low of GBX 585 and a twelve month high of GBX 935. The company has a 50-day moving average price of GBX 735.20 and a two-hundred day moving average price of GBX 723.95.

Bodycote (LON:BOYGet Free Report) last issued its earnings results on Tuesday, July 28th. The company reported GBX 18.10 earnings per share (EPS) for the quarter. Bodycote had a net margin of 7.87% and a return on equity of 9.30%. Equities analysts forecast that Bodycote will post 54.0540541 EPS for the current year.

About Bodycote

(Get Free Report)

The leading provider of heat treatment and specialist thermal processing services worldwide.

Heat treatment encompasses a variety of techniques and specialist engineering processes which improve the properties of metals and alloys and extend the life of components and is a vital part of any manufacturing process.

Bodycote is uniquely placed via our global network and the experience and knowledge of our people to offer high quality, reliable and cost-effective services to manufacturers whatever their size or market sector.

Further Reading

Analyst Recommendations for Bodycote (LON:BOY)

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