Analysts Set Bodycote plc (LON:BOY) PT at GBX 825

Shares of Bodycote plc (LON:BOY) have been given a consensus recommendation of “Moderate Buy” by the six brokerages that are presently covering the firm, MarketBeat reports. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is GBX 830.

Several research firms recently issued reports on BOY. Royal Bank Of Canada lowered Bodycote to a “sector perform” rating and set a GBX 775 price target on the stock. in a research report on Thursday, March 12th. Berenberg Bank restated a “buy” rating and issued a GBX 900 target price on shares of Bodycote in a report on Thursday, March 12th. JPMorgan Chase & Co. lifted their target price on shares of Bodycote from GBX 670 to GBX 700 and gave the stock a “neutral” rating in a research note on Thursday. Finally, Jefferies Financial Group upped their price target on shares of Bodycote from GBX 915 to GBX 925 and gave the company a “buy” rating in a report on Monday, January 26th.

Bodycote Stock Performance

LON BOY opened at GBX 631.50 on Tuesday. The company has a 50-day simple moving average of GBX 745.73 and a two-hundred day simple moving average of GBX 686.01. Bodycote has a 12-month low of GBX 449.40 and a 12-month high of GBX 800. The firm has a market cap of £1.08 billion, a price-to-earnings ratio of 39.47, a PEG ratio of 1.44 and a beta of 1.22. The company has a quick ratio of 0.74, a current ratio of 1.15 and a debt-to-equity ratio of 29.80.

Bodycote (LON:BOY) last released its quarterly earnings data on Wednesday, March 11th. The company reported GBX 44.40 EPS for the quarter. Bodycote had a return on equity of 8.58% and a net margin of 7.55%. On average, equities analysts forecast that Bodycote will post 54.0540541 EPS for the current year.

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.