Investec Lowers Bodycote PLC Price Target to GBX 760 (BOY)
Analysts at Investec dropped their price target on shares of Bodycote PLC (LON:BOY) from GBX 810 ($13.84) to GBX 760 ($12.99) in a research report issued to clients and investors on Tuesday. The firm currently has a “buy” rating on the stock. Investec’s price target would indicate a potential upside of 12.43% from the stock’s previous close.
Shares of Bodycote PLC (LON:BOY) traded down 1.48% on Tuesday, hitting GBX 666.00. 241,985 shares of the company’s stock traded hands. Bodycote PLC has a 52-week low of GBX 569.50 and a 52-week high of GBX 832.00. The stock’s 50-day moving average is GBX 707.6 and its 200-day moving average is GBX 727.1. The company’s market cap is £1.262 billion.
A number of other analysts have also recently weighed in on BOY. Analysts at Jefferies Group cut their price target on shares of Bodycote PLC from GBX 895 ($15.29) to GBX 825 ($14.10) in a research note on Tuesday. They now have a “buy” rating on the stock. Separately, 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. Finally, analysts at Credit Suisse reiterated an “outperform” rating on shares of Bodycote PLC in a research note on Tuesday, July 8th. They now have a GBX 810 ($13.84) price target on the stock. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and seven have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target 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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.