Bodycote PLC (BOY) Stock Rating Reaffirmed by Deutsche Bank AG
Bodycote PLC (LON:BOY)‘s stock had its “buy” rating restated by equities researchers at Deutsche Bank AG in a report issued on Monday. They presently have a GBX 880 ($11.61) price target on the stock. Deutsche Bank AG’s price target indicates a potential downside of 5.88% from the company’s current price.
Several other analysts have also recently commented on BOY. Liberum Capital raised their target price on Bodycote PLC from GBX 660 ($8.71) to GBX 910 ($12.00) and gave the company a “buy” rating in a research report on Wednesday, April 12th. J P Morgan Chase & Co restated a “neutral” rating and issued a GBX 770 ($10.16) target price on shares of Bodycote PLC in a report on Thursday, May 11th. Numis Securities Ltd restated an “add” rating and issued a GBX 850 ($11.21) target price on shares of Bodycote PLC in a report on Thursday, May 18th. Finally, Credit Suisse Group restated an “outperform” rating and issued a GBX 910 ($12.00) target price on shares of Bodycote PLC in a report on Thursday, July 27th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and nine have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of GBX 812.50 ($10.72).
Bodycote PLC (BOY) traded up 1.62% on Monday, hitting GBX 940.50. The stock had a trading volume of 504,279 shares. Bodycote PLC has a 12-month low of GBX 553.00 and a 12-month high of GBX 940.50. The company’s 50 day moving average price is GBX 800.66 and its 200-day moving average price is GBX 775.09. The company’s market cap is GBX 1.79 billion.
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In other Bodycote PLC news, insider Stephen C. Harris sold 8,626 shares of the firm’s stock in a transaction dated Monday, July 31st. The stock was sold at an average price of GBX 909 ($11.99), for a total transaction of £78,410.34 ($103,430.08).
About Bodycote PLC
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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