Bodycote plc (OTCMKTS:BYPLF) Given Consensus Recommendation of “Hold” by Brokerages

Bodycote plc (OTCMKTS:BYPLFGet Rating) has been given a consensus rating of “Hold” by the seven brokerages that are presently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating and three have given a hold rating to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $758.33.

Several equities analysts have weighed in on the company. Panmure Gordon raised Bodycote from a “sell” rating to a “hold” rating in a report on Tuesday, March 22nd. Berenberg Bank dropped their price objective on Bodycote from GBX 1,030 ($13.03) to GBX 780 ($9.87) in a report on Friday, May 27th. Zacks Investment Research raised Bodycote from a “sell” rating to a “hold” rating in a report on Wednesday, June 1st. Barclays dropped their price objective on Bodycote from GBX 800 ($10.12) to GBX 695 ($8.79) in a report on Friday, May 27th. Finally, Royal Bank of Canada boosted their price target on Bodycote from GBX 725 ($9.17) to GBX 800 ($10.12) in a report on Friday, March 18th.

Shares of OTCMKTS BYPLF opened at $8.08 on Monday. The business has a fifty day moving average price of $8.12 and a two-hundred day moving average price of $11.28. Bodycote has a fifty-two week low of $8.08 and a fifty-two week high of $8.95.

Bodycote Company Profile (Get Rating)

Bodycote plc provides heat treatment and thermal processing services worldwide. The company operates in two Aerospace, Defence & Energy; and Automotive & General Industrial segments. It offers heat treatment services, including altering the microstructure of metals and alloys, such as steel and aluminum to impart properties comprising surface hardness, temperature resistance, ductility, and strength; metal joining services consisting of electron beam welding, HIP diffusion bonding, hydrogen brazing, induction brazing, and vacuum and honeycomb brazing; and hot isostatic pressing (HIP) services, including isostatic pressing and HIP supporting services, as well as Powdermet technology, a manufacturing process used in the production of complex components using powder metallurgy.

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Analyst Recommendations for Bodycote (OTCMKTS:BYPLF)

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