Bodycote’s (BOY) Neutral Rating Reiterated at JPMorgan Chase & Co.

JPMorgan Chase & Co. reiterated their neutral rating on shares of Bodycote (LON:BOY) in a research report sent to investors on Tuesday morning, MarketBeat reports.

Several other equities analysts have also weighed in on BOY. Peel Hunt reaffirmed a “buy” rating and set a GBX 845 price objective on shares of Bodycote in a research report on Tuesday, November 18th. Royal Bank Of Canada increased their price target on shares of Bodycote from GBX 650 to GBX 775 and gave the stock an “outperform” rating in a research note on Thursday, July 31st. Berenberg Bank restated a “buy” rating and set a GBX 800 price target on shares of Bodycote in a report on Wednesday, July 30th. Finally, Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Bodycote from GBX 860 to GBX 835 and set a “buy” rating for the company in a research note on Tuesday, November 18th. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 771.

Bodycote Stock Up 1.1%

BOY opened at GBX 630.05 on Tuesday. The company has a market capitalization of £1.10 billion, a PE ratio of 39.38, a price-to-earnings-growth ratio of 1.44 and a beta of 1.18. The company has a debt-to-equity ratio of 20.84, a current ratio of 0.81 and a quick ratio of 0.74. Bodycote has a fifty-two week low of GBX 449.40 and a fifty-two week high of GBX 701. The business has a 50-day moving average of GBX 636.19 and a 200-day moving average of GBX 611.34.

About Bodycote

The leading provider of heat treatment and specialist thermal processing services worldwide.

Heat treatment encompasses a variety of techniques and specialist engineering processes which improve the properties of metals and alloys and extend the life of components and is a vital part of any manufacturing process.

Bodycote is uniquely placed via our global network and the experience and knowledge of our people to offer high quality, reliable and cost-effective services to manufacturers whatever their size or market sector.