Liberum Capital Reaffirms Buy Rating for Bodycote (BOY)

Bodycote (LON:BOY)‘s stock had its “buy” rating restated by stock analysts at Liberum Capital in a report released on Wednesday. They currently have a GBX 1,050 ($14.24) target price on the stock. Liberum Capital’s target price points to a potential upside of 7.47% from the company’s current price.

BOY has been the topic of several other reports. Barclays initiated coverage on Bodycote in a research report on Wednesday, October 4th. They set an “overweight” rating and a GBX 1,025 ($13.90) target price on the stock. Peel Hunt reiterated a “buy” rating and set a GBX 965 ($13.09) target price on shares of Bodycote in a research report on Tuesday, October 31st. Numis Securities reiterated a “hold” rating and set a GBX 925 ($12.54) target price on shares of Bodycote in a research report on Tuesday, December 5th. Deutsche Bank downgraded Bodycote to a “hold” rating and set a GBX 990 ($13.43) target price on the stock. in a research report on Monday, December 4th. Finally, Credit Suisse Group reiterated an “outperform” rating on shares of Bodycote in a research report on Monday, November 20th. Five research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of GBX 957.27 ($12.98).

Bodycote (LON:BOY) traded up GBX 10.50 ($0.14) during midday trading on Wednesday, reaching GBX 977 ($13.25). The company had a trading volume of 362,630 shares, compared to its average volume of 285,598. The stock has a market capitalization of $1,860.00 and a P/E ratio of 2,382.93. Bodycote has a 12 month low of GBX 652.50 ($8.85) and a 12 month high of GBX 1,043 ($14.14).

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About Bodycote

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.

Analyst Recommendations for Bodycote (LON:BOY)

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