Bodycote Plc (BYPLF) Rating Increased to Buy at Zacks Investment Research
Bodycote Plc (NASDAQ:BYPLF) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a note issued to investors on Monday. The brokerage currently has a $14.00 price objective on the stock. Zacks Investment Research‘s price target would suggest a potential upside of 15.23% from the stock’s current price.
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. “
Shares of Bodycote Plc (BYPLF) remained flat at $12.15 during midday trading on Monday. The company has a 50 day moving average of $12.20 and a 200-day moving average of $11.22. The company has a market capitalization of $2.31 billion and a price-to-earnings ratio of 22.67. Bodycote Plc has a 12 month low of $7.65 and a 12 month high of $12.20.
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