Barclays Upgrades Bodycote (OTCMKTS:BYPLF) to Hold

Bodycote (OTCMKTS:BYPLF) was upgraded by equities research analysts at Barclays to a “hold” rating in a report issued on Friday, Zacks.com reports.

Separately, Royal Bank of Canada upgraded shares of Bodycote to a “hold” rating in a research note on Wednesday, July 31st.

Bodycote Stock Performance

Shares of BYPLF opened at $9.28 on Friday. The company’s fifty day simple moving average is $8.98 and its 200 day simple moving average is $8.46. Bodycote has a 1-year low of $9.01 and a 1-year high of $9.28.

About Bodycote

Bodycote plc provides heat treatment and thermal processing services worldwide. It operates in two Aerospace, Defence & Energy; and Automotive & General Industrial segments. The company 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.