Deutsche Bank Aktiengesellschaft Reaffirms Buy Rating for Bodycote (LON:BOY)

Bodycote (LON:BOY)‘s stock had its “buy” rating reissued by investment analysts at Deutsche Bank Aktiengesellschaft in a research note issued on Thursday, Marketbeat reports. They presently have a GBX 700 ($9.29) price target on the stock. Deutsche Bank Aktiengesellschaft’s price objective would indicate a potential upside of 11.64% from the stock’s current price.

Separately, Royal Bank Of Canada increased their target price on shares of Bodycote from GBX 650 ($8.63) to GBX 775 ($10.29) and gave the stock an “outperform” rating in a research note on Thursday.

Bodycote Trading Down 1.5%

BOY opened at GBX 627 ($8.32) on Thursday. The stock has a market capitalization of £1.12 billion, a PE ratio of 18.87, a P/E/G ratio of 1.44 and a beta of 1.18. Bodycote has a one year low of GBX 449.40 ($5.96) and a one year high of GBX 701 ($9.30). The company has a debt-to-equity ratio of 20.84, a quick ratio of 0.74 and a current ratio of 0.81. The business’s 50 day moving average price is GBX 582.07 and its 200 day moving average price is GBX 577.96.

Bodycote (LON:BOY) last issued its quarterly earnings data on Wednesday, July 30th. The company reported GBX 21.30 ($0.28) earnings per share (EPS) for the quarter. Bodycote had a return on equity of 8.14% and a net margin of 8.01%. As a group, equities research analysts expect that Bodycote will post 54.0540541 EPS for the current year.

Bodycote Company Profile

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.