Bodycote PLC (BOY) Receives “Buy” Rating from Liberum Capital
Bodycote PLC (LON:BOY)‘s stock had its “buy” rating reiterated by equities research analysts at Liberum Capital in a report issued on Wednesday. They currently have a GBX 910 ($11.75) price target on the stock. Liberum Capital’s target price suggests a potential upside of 19.66% from the company’s previous close.
Several other equities analysts also recently issued reports on the company. JPMorgan Chase & Co. reissued a “neutral” rating and issued a GBX 770 ($9.94) target price on shares of Bodycote PLC in a research report on Thursday, May 11th. Deutsche Bank AG reissued a “buy” rating and issued a GBX 880 ($11.36) target price on shares of Bodycote PLC in a research report on Wednesday, May 3rd. HSBC Holdings plc upped their target price on Bodycote PLC from GBX 675 ($8.71) to GBX 850 ($10.97) and gave the company a “hold” rating in a research report on Thursday, April 6th. Peel Hunt upped their target price on Bodycote PLC from GBX 740 ($9.55) to GBX 900 ($11.62) and gave the company a “buy” rating in a research report on Wednesday, April 5th. Finally, N+1 Singer reissued a “buy” rating and issued a GBX 690 ($8.91) target price on shares of Bodycote PLC in a research report on Tuesday, February 28th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and ten have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of GBX 753.21 ($9.72).
Shares of Bodycote PLC (LON:BOY) traded down 3.55% during trading on Wednesday, reaching GBX 760.50. 1,255,792 shares of the company traded hands. The stock’s market cap is GBX 1.45 billion. The stock’s 50 day moving average price is GBX 814.54 and its 200-day moving average price is GBX 704.41. Bodycote PLC has a 12 month low of GBX 500.00 and a 12 month high of GBX 845.50.
The firm also recently declared a dividend, which will be paid on Friday, June 2nd. Shareholders of record on Thursday, April 20th will be issued a GBX 10.80 ($0.14) dividend. This represents a yield of 1.37%. This is a positive change from Bodycote PLC’s previous dividend of $5.00. The ex-dividend date is Thursday, April 20th.
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In other Bodycote PLC news, insider Stephen C. Harris sold 1,351 shares of the company’s stock in a transaction on Tuesday, March 7th. The shares were sold at an average price of GBX 818 ($10.56), for a total value of £11,051.18 ($14,265.11).
Bodycote PLC Company Profile
Bodycote plc is a provider of thermal processing services. The Company has six operating segments, split between Aerospace, Defense and Energy (ADE) and Automotive and General Industrial (AGI) business areas: ADE-Western Europe; ADE-North America; ADE-Emerging markets; AGI-Western Europe; AGI-North America, and AGI-Emerging markets.
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