Bodycote plc (LON:BOY) Receives Average Recommendation of “Moderate Buy” from Brokerages

Bodycote plc (LON:BOYGet Free Report) has earned an average rating of “Moderate Buy” from the six ratings firms that are covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is GBX 850.83.

Several equities analysts recently commented on BOY shares. JPMorgan Chase & Co. boosted their target price on Bodycote from GBX 670 to GBX 700 and gave the stock a “neutral” rating in a research report on Thursday, March 19th. Deutsche Bank Aktiengesellschaft upgraded Bodycote to a “buy” rating and boosted their target price for the stock from GBX 835 to GBX 960 in a research report on Thursday, May 28th. Berenberg Bank restated a “buy” rating and set a GBX 900 target price on shares of Bodycote in a research report on Thursday, March 12th. Finally, Royal Bank Of Canada cut Bodycote to a “sector perform” rating and set a GBX 775 target price for the company. in a research report on Thursday, March 12th.

Check Out Our Latest Research Report on Bodycote

Bodycote Price Performance

Shares of LON BOY opened at GBX 715.50 on Friday. The stock has a market cap of £1.22 billion, a PE ratio of 23.08, a price-to-earnings-growth ratio of 1.44 and a beta of 1.34. Bodycote has a fifty-two week low of GBX 548.50 and a fifty-two week high of GBX 850. The company has a debt-to-equity ratio of 29.80, a quick ratio of 0.74 and a current ratio of 1.15. The stock has a fifty day moving average of GBX 706.81 and a 200-day moving average of GBX 709.06.

Bodycote (LON:BOYGet Free Report) last announced its quarterly earnings results on Wednesday, March 11th. The company reported GBX 44.40 earnings per share for the quarter. Bodycote had a return on equity of 8.58% and a net margin of 7.55%. Equities research analysts anticipate that Bodycote will post 54.0540541 earnings per share 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.

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Analyst Recommendations for Bodycote (LON:BOY)

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