Zacks Investment Research Lowers Bodycote Plc (NASDAQ:BYPLF) to Hold
Bodycote Plc (NASDAQ:BYPLF) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday.
According to Zacks, “Bodycote PLC provides thermal processing services through heat treatment, metal joining, surface technology and Hot Isostatic Pressing. It serves aerospace, defense, automotive, power generation, oil & gas, construction, medical and transportation industry. Bodycote PLC is headquartered in Macclesfield, the United Kingdom. “
Bodycote Plc (BYPLF) remained flat at $10.19 during mid-day trading on Tuesday. The firm has a market cap of $1.94 billion and a price-to-earnings ratio of 22.25. Bodycote Plc has a 52-week low of $7.60 and a 52-week high of $10.95. The company’s 50 day moving average price is $10.55 and its 200-day moving average price is $9.42.
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