Jefferies Financial Group Boosts Bodycote (LON:BOY) Price Target to GBX 925

Bodycote (LON:BOY) had its price target boosted by equities research analysts at Jefferies Financial Group from GBX 915 to GBX 925 in a research note issued on Monday, Marketbeat reports. The firm currently has a “buy” rating on the stock. Jefferies Financial Group’s price objective would suggest a potential upside of 22.19% from the company’s current price.

Several other brokerages have also weighed in on BOY. Berenberg Bank reaffirmed a “buy” rating and set a GBX 800 target price on shares of Bodycote in a research note on Friday, November 28th. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Bodycote in a research report on Tuesday, January 6th. Peel Hunt reiterated a “buy” rating and issued a GBX 845 target price on shares of Bodycote in a report on Tuesday, November 18th. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on Bodycote from GBX 860 to GBX 835 and set a “buy” rating on the stock in a research note on Tuesday, November 18th. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 808.33.

Bodycote Price Performance

BOY stock opened at GBX 757 on Monday. Bodycote has a 52-week low of GBX 449.40 and a 52-week high of GBX 779.50. The company has a quick ratio of 0.74, a current ratio of 0.81 and a debt-to-equity ratio of 20.84. The stock has a market cap of £1.31 billion, a price-to-earnings ratio of 47.31, a price-to-earnings-growth ratio of 1.44 and a beta of 1.18. The business has a fifty day moving average of GBX 696.09 and a two-hundred day moving average of GBX 654.35.

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.