Bodycote Given “Hold” Rating at Numis Securities Ltd (BOY)
Bodycote (LON:BOY)‘s stock had its “hold” rating restated by stock analysts at Numis Securities Ltd in a report issued on Wednesday, American Banking News.com reports. They currently have a GBX 710 ($11.65) price objective on the stock. Numis Securities Ltd’s price target would indicate a potential upside of 3.27% from the stock’s previous close.
Bodycote (LON:BOY) traded down 0.58% during mid-day trading on Wednesday, hitting GBX 683.50. The stock had a trading volume of 114,550 shares. Bodycote has a 52 week low of GBX 460.20 and a 52 week high of GBX 730.50. The stock has a 50-day moving average of GBX 675.7 and a 200-day moving average of GBX 650.3. The company’s market cap is £1.294 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Canaccord Genuity initiated coverage on shares of Bodycote in a research note on Monday, February 3rd. They set a “buy” rating and a GBX 770 ($12.63) price target on the stock. Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of Bodycote in a research note on Monday, February 3rd. They now have a GBX 760 ($12.47) price target on the stock. Finally, analysts at Credit Suisse reiterated an “outperform” rating on shares of Bodycote in a research note on Monday, January 13th. They now have a GBX 760 ($12.47) price target on the stock. Three equities research analysts have rated the stock with a sell rating, three have issued a hold rating and seven have issued a buy rating to the stock. The company has an average rating of “Hold” and an average target price of GBX 655.75 ($10.76).
Bodycote plc (LON:BOY) is a specialized plasma spray, high velocity oxy fuel (HVOF) and thermally formed ceramic treatments.
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