Bodycote (LON:BOY) Given New GBX 670 Price Target at JPMorgan Chase & Co.

Bodycote (LON:BOY) had its price target increased by JPMorgan Chase & Co. from GBX 600 to GBX 670 in a research report sent to investors on Thursday, Marketbeat reports. JPMorgan Chase & Co. currently has a neutral rating on the stock.

Several other research firms also recently commented on BOY. Berenberg Bank reissued a “buy” rating and issued a GBX 800 target price on shares of Bodycote in a report on Friday, November 28th. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Bodycote from GBX 860 to GBX 835 and set a “buy” rating on the stock in a report on Tuesday, November 18th. Finally, Peel Hunt reiterated a “buy” rating and issued a GBX 845 price target on shares of Bodycote in a research note on Tuesday, November 18th. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of GBX 785.

Bodycote Trading Up 5.3%

BOY stock opened at GBX 676.50 on Thursday. The company has a debt-to-equity ratio of 20.84, a current ratio of 0.81 and a quick ratio of 0.74. Bodycote has a 1-year low of GBX 449.40 and a 1-year high of GBX 701. The business has a 50 day simple moving average of GBX 636.92 and a two-hundred day simple moving average of GBX 614.44. The company has a market capitalization of £1.18 billion, a price-to-earnings ratio of 42.28, a PEG ratio of 1.44 and a beta of 1.18.

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.