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Analysts at Jefferies Group reduced their target price on shares of Bodycote PLC (LON:BOY) from GBX 895 ($15.29) to GBX 825 ($14.10) in a research report issued to clients and investors on Tuesday. The firm currently has a “buy” rating on the stock. Jefferies Group’s price objective points to a potential upside of 23.87% from the stock’s previous close.

Bodycote PLC (LON:BOY) traded down 1.48% during mid-day trading on Tuesday, hitting GBX 666.00. The stock had a trading volume of 241,985 shares. Bodycote PLC has a one year low of GBX 574.00 and a one year high of GBX 832.00. The stock’s 50-day moving average is GBX 706. and its 200-day moving average is GBX 727.1. The company’s market cap is £1.262 billion.

Other equities research analysts have also recently issued reports about the stock. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Bodycote PLC in a research note on Friday. They now have a GBX 810 ($13.84) price target on the stock. Two analysts have rated the stock with a sell rating, four have issued a hold rating and seven have given a buy rating to the stock. Bodycote PLC presently has an average rating of “Hold” and a consensus target price of GBX 793.73 ($13.56).

Bodycote plc (LON:BOY) is a specialized plasma spray, high velocity oxy fuel (HVOF) and thermally formed ceramic treatments.

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