Bodycote PLC (BOY) Receives Consensus Recommendation of “Buy” from Brokerages

Bodycote PLC (LON:BOY) has earned a consensus recommendation of “Buy” from the twelve brokerages that are currently covering the firm, MarketBeat Ratings reports. Five analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is GBX 953.89 ($13.37).

Several analysts recently weighed in on BOY shares. Liberum Capital increased their price target on Bodycote from GBX 1,025 ($14.37) to GBX 1,050 ($14.72) and gave the company a “buy” rating in a report on Friday, January 12th. Peel Hunt restated a “buy” rating and set a GBX 965 ($13.53) price target on shares of Bodycote in a report on Tuesday, October 31st. Barclays restated an “overweight” rating and set a GBX 1,035 ($14.51) price target on shares of Bodycote in a report on Monday, December 18th. Numis Securities restated a “hold” rating and set a GBX 925 ($12.97) price target on shares of Bodycote in a report on Tuesday, December 5th. Finally, Deutsche Bank lowered Bodycote to a “hold” rating and set a GBX 990 ($13.88) price target on the stock. in a report on Monday, December 4th.

Bodycote (BOY) traded down GBX 28 ($0.39) during trading hours on Friday, reaching GBX 880.50 ($12.35). The company had a trading volume of 433,623 shares, compared to its average volume of 289,651. Bodycote has a one year low of GBX 673 ($9.44) and a one year high of GBX 1,043 ($14.62). The stock has a market cap of $1,690.00 and a price-to-earnings ratio of 2,147.56.

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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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