Bodycote plc (LON:BOY) Receives GBX 808.33 Average Price Target from Analysts

Bodycote plc (LON:BOY) has been given an average rating of “Moderate Buy” by the six research firms that are presently covering the stock, MarketBeat reports. One analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is GBX 808.33.

A number of equities research analysts have issued reports on the stock. Jefferies Financial Group increased their target price on shares of Bodycote from GBX 915 to GBX 925 and gave the stock a “buy” rating in a report on Monday, January 26th. Peel Hunt reaffirmed a “buy” rating and set a GBX 845 price objective on shares of Bodycote in a research report on Tuesday, November 18th. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Bodycote in a report on Tuesday, January 6th. Deutsche Bank Aktiengesellschaft lowered 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. Finally, Berenberg Bank restated a “buy” rating and set a GBX 800 price target on shares of Bodycote in a report on Friday, November 28th.

Bodycote Stock Up 0.9%

Shares of BOY opened at GBX 781.50 on Friday. The stock has a market capitalization of £1.34 billion, a PE ratio of 48.84, a P/E/G ratio of 1.44 and a beta of 1.18. Bodycote has a 1 year low of GBX 449.40 and a 1 year high of GBX 796. 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 company’s 50-day simple moving average is GBX 740.63 and its 200-day simple moving average is GBX 675.02.

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.