Bodycote Rating Increased to Neutral at Citigroup Inc. (BOY)
Bodycote (LON:BOY) was upgraded by equities researchers at Citigroup Inc. from a “sell” rating to a “neutral” rating in a research report issued on Thursday, Stock Ratings Network reports. The firm currently has a GBX 665 ($10.40) price objective on the stock, up from their previous price objective of GBX 525 ($8.21).
A number of other firms have also recently commented on BOY. Analysts at Nplus1 Brewin upgraded shares of Bodycote (LON:BOY) to a “buy” rating in a research note to investors on Monday, August 12th. They now have a GBX 700 ($10.94) price target on the stock. Separately, analysts at N+1 Singer upgraded shares of Bodycote (LON:BOY) from a “hold” rating to a “buy” rating in a research note to investors on Monday, August 12th. They now have a GBX 700 ($10.94) price target on the stock. Finally, analysts at FinnCap raised their price target on shares of Bodycote (LON:BOY) from GBX 500 ($7.82) to GBX 620 ($9.69) in a research note to investors on Thursday, July 25th. They now have a “hold” rating on the stock.
Three equities research analysts have rated the stock with a sell rating, two have issued a hold rating and seven have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of GBX 596.14 ($9.32).
Bodycote (LON:BOY) traded down 0.45% during mid-day trading on Thursday, hitting GBX 662.00. 167,195 shares of the company’s stock traded hands. The stock has a 50-day moving average of GBX 631.4 and a 200-day moving average of GBX 559.0. The company’s market cap is £1.253 billion.
Bodycote plc (LON:BOY) is a specialized plasma spray, high velocity oxy fuel (HVOF) and thermally formed ceramic treatments.
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