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

Shares of Bodycote plc (LON:BOY – Get Free Report) have been assigned an average recommendation of “Moderate Buy” from the six brokerages that are covering the company, MarketBeat.com reports. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is GBX 881.33.

Several equities analysts have recently commented on the company. Royal Bank Of Canada upped their target price on Bodycote from GBX 750 to GBX 950 and gave the company a “sector perform” rating in a research report on Thursday, August 6th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 960 price target on shares of Bodycote in a report on Thursday, August 6th. Jefferies Financial Group restated a “buy” rating and issued a GBX 900 price target on shares of Bodycote in a research note on Wednesday, July 29th. Finally, Berenberg Bank upped their price objective on Bodycote from GBX 900 to GBX 933 and gave the company a “hold” rating in a report on Friday, September 4th.

View Our Latest Stock Report on BOY

Bodycote Price Performance

LON:BOY opened at GBX 910.50 on Friday. The company has a market cap of £1.54 billion, a P/E ratio of 27.10, a P/E/G ratio of 1.44 and a beta of 1.35. The firm’s fifty day moving average price is GBX 911.76 and its two-hundred day moving average price is GBX 771.69. Bodycote has a one year low of GBX 585 and a one year high of GBX 967.50. The company has a debt-to-equity ratio of 35.03, a current ratio of 1.12 and a quick ratio of 0.74.

Bodycote (LON:BOY – Get Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The company reported GBX 18.10 EPS for the quarter. Bodycote had a net margin of 7.87% and a return on equity of 9.30%. Equities analysts expect 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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