Bodycote plc (LON:BOY) Receives GBX 850.83 Average Price Target from Analysts

Shares of Bodycote plc (LON:BOY) have received a consensus recommendation of “Moderate Buy” from the six ratings firms that are covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is GBX 850.83.

Separately, Deutsche Bank Aktiengesellschaft raised Bodycote to a “buy” rating and boosted their price target for the stock from GBX 835 to GBX 960 in a research report on Thursday, May 28th.

Bodycote Stock Up 0.4%

Shares of BOY stock opened at GBX 702.50 on Monday. Bodycote has a 52-week low of GBX 566.50 and a 52-week high of GBX 850. The stock has a market cap of £1.19 billion, a price-to-earnings ratio of 22.66, a PEG ratio of 1.44 and a beta of 1.35. The firm’s 50-day moving average is GBX 714.30 and its 200-day moving average is GBX 714.18. The company has a debt-to-equity ratio of 29.80, a quick ratio of 0.74 and a current ratio of 1.15.

About Bodycote

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.