Brokerages Set Bodycote plc (LON:BOY) PT at GBX 808.33

Shares of Bodycote plc (LON:BOY) have received a consensus rating of “Moderate Buy” from the six brokerages that are covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is GBX 808.33.

Several equities analysts recently issued reports on BOY shares. Jefferies Financial Group boosted their price target on Bodycote from GBX 915 to GBX 925 and gave the company a “buy” rating in a research report on Monday, January 26th. Berenberg Bank reiterated a “buy” rating and issued a GBX 800 target price on shares of Bodycote in a research note on Friday, November 28th. Deutsche Bank Aktiengesellschaft cut their price target on Bodycote from GBX 860 to GBX 835 and set a “buy” rating for the company in a research note on Tuesday, November 18th. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Bodycote in a report on Tuesday, January 6th. Finally, Peel Hunt reissued a “buy” rating and issued a GBX 845 price objective on shares of Bodycote in a research note on Tuesday, November 18th.

Bodycote Trading Down 0.7%

LON BOY opened at GBX 745.50 on Monday. The firm’s fifty day moving average is GBX 704.89 and its two-hundred day moving average is GBX 656.79. Bodycote has a one year low of GBX 449.40 and a one year high of GBX 779.50. The company has a debt-to-equity ratio of 20.84, a quick ratio of 0.74 and a current ratio of 0.81. The firm has a market cap of £1.29 billion, a PE ratio of 46.59, a P/E/G ratio of 1.44 and a beta of 1.18.

Bodycote Company Profile

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.