Bodycote plc (LON:BOY) Stock Rated “Moderate Buy” by Sell-Side Analysts

Shares of Bodycote plc (LON:BOY – Get Free Report) have received an average recommendation of “Moderate Buy” from the six analysts that are currently covering the company, Marketbeat Ratings reports. Three analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is GBX 881.33.

A number of analysts have recently issued reports on the company. Berenberg Bank boosted their price objective on Bodycote from GBX 900 to GBX 933 and gave the company a “hold” rating in a research report on Friday, September 4th. Jefferies Financial Group reissued a “buy” rating and set a GBX 900 price target on shares of Bodycote in a report on Wednesday, July 29th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 960 price objective on shares of Bodycote in a report on Thursday, August 6th. Finally, 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.

Get Our Latest Stock Analysis on Bodycote

Bodycote Stock Performance

BOY opened at GBX 917 on Wednesday. The stock has a market cap of £1.55 billion, a P/E ratio of 27.29, a P/E/G ratio of 1.44 and a beta of 1.35. The company has a debt-to-equity ratio of 35.03, a current ratio of 1.12 and a quick ratio of 0.74. The stock’s 50 day simple moving average is GBX 925.19 and its 200 day simple moving average is GBX 777.82. Bodycote has a 1-year low of GBX 585 and a 1-year high of GBX 967.50.

Bodycote Company Profile

(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.

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Analyst Recommendations for Bodycote (LON:BOY)

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