Bodycote PLC Now Covered by Berenberg Bank (BOY)
Berenberg Bank initiated coverage on shares of Bodycote PLC (LON:BOY) in a research note issued on Thursday, Stock Ratings Network reports. The firm set a “hold” rating and a GBX 759 ($12.80) price target on the stock. Berenberg Bank’s target price points to a potential upside of 2.71% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Jefferies Group reiterated a “buy” rating on shares of Bodycote PLC in a research note on Friday, May 2nd. They now have a GBX 895 ($15.10) price target on the stock. Separately, analysts at Citigroup Inc. raised their price target on shares of Bodycote PLC from GBX 665 ($11.22) to GBX 750 ($12.65) in a research note on Wednesday, April 30th. They now have a “neutral” rating on the stock. Finally, analysts at Credit Suisse reiterated an “outperform” rating on shares of Bodycote PLC in a research note on Tuesday, April 29th. They now have a GBX 810 ($13.66) price target on the stock. Two research analysts have rated the stock with a sell rating, four have given a hold rating and eight have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of GBX 781.58 ($13.18).
Bodycote PLC (LON:BOY) traded up 0.41% during mid-day trading on Thursday, hitting GBX 739.00. The stock had a trading volume of 155,586 shares. Bodycote PLC has a 1-year low of GBX 496.00 and a 1-year high of GBX 832.00. The stock’s 50-day moving average is GBX 775.3 and its 200-day moving average is GBX 700.2. The company’s market cap is £1.400 billion.
Bodycote plc (LON:BOY) is a specialized plasma spray, high velocity oxy fuel (HVOF) and thermally formed ceramic treatments.
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