Jefferies Financial Group Issues Positive Forecast for Bodycote (LON:BOY) Stock Price

Bodycote (LON:BOY) had its price target hoisted by Jefferies Financial Group from GBX 915 to GBX 925 in a report released on Monday, Marketbeat Ratings reports. Jefferies Financial Group currently has a buy rating on the stock.

Several other research analysts also recently commented on BOY. Deutsche Bank Aktiengesellschaft cut their target price on Bodycote from GBX 860 to GBX 835 and set a “buy” rating for the company in a research note on Tuesday, November 18th. JPMorgan Chase & Co. restated a “neutral” rating on shares of Bodycote in a research report on Tuesday, January 6th. Peel Hunt reaffirmed a “buy” rating and set a GBX 845 price objective on shares of Bodycote in a research note on Tuesday, November 18th. Finally, Berenberg Bank reaffirmed a “buy” rating and set a GBX 800 target price on shares of Bodycote in a report on Friday, November 28th. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of GBX 808.33.

Bodycote Trading Down 0.6%

Shares of BOY stock opened at GBX 759 on Monday. The stock has a market capitalization of £1.31 billion, a price-to-earnings ratio of 47.44, a PEG ratio of 1.44 and a beta of 1.18. The company’s fifty day simple moving average is GBX 693.03 and its two-hundred day simple moving average is GBX 653.20. Bodycote has a 1 year low of GBX 449.40 and a 1 year high of GBX 779.50. 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 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.