Bodycote plc (LON:BOY) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Bodycote plc (LON:BOY) have been assigned an average recommendation of “Moderate Buy” from the six ratings firms that are covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is GBX 850.83.

Separately, Deutsche Bank Aktiengesellschaft upgraded Bodycote to a “buy” rating and lifted their price objective for the stock from GBX 835 to GBX 960 in a research report on Thursday, May 28th.

Bodycote Stock Performance

LON BOY opened at GBX 694 on Monday. Bodycote has a fifty-two week low of GBX 566.50 and a fifty-two week high of GBX 850. The stock has a market cap of £1.18 billion, a price-to-earnings ratio of 22.39, a price-to-earnings-growth ratio of 1.44 and a beta of 1.35. The business has a fifty day moving average of GBX 713.79 and a 200-day moving average of GBX 714.21. The company has a quick ratio of 0.74, a current ratio of 1.15 and a debt-to-equity ratio of 29.80.

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.