Bodycote PLC’s (BOY) Outperform Rating Reaffirmed at Credit Suisse Group AG
Bodycote PLC (LON:BOY)‘s stock had its “outperform” rating reaffirmed by equities research analysts at Credit Suisse Group AG in a report issued on Monday.
Other analysts have also recently issued reports about the company. Numis Securities Ltd reaffirmed an “add” rating and set a GBX 650 ($8.48) price objective on shares of Bodycote PLC in a research report on Friday, August 12th. HSBC reissued a “buy” rating and issued a GBX 675 ($8.81) price target on shares of Bodycote PLC in a research report on Thursday, June 30th. Panmure Gordon reissued a “buy” rating and issued a GBX 685 ($8.94) price target on shares of Bodycote PLC in a research report on Tuesday, July 12th. Canaccord Genuity boosted their price target on Bodycote PLC from GBX 660 ($8.62) to GBX 680 ($8.88) and gave the stock a “buy” rating in a research report on Thursday, September 1st. Finally, JPMorgan Chase & Co. raised Bodycote PLC to a “neutral” rating and boosted their price target for the stock from GBX 565 ($7.38) to GBX 605 ($7.90) in a research report on Monday, August 22nd. Four equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of GBX 651 ($8.50).
Bodycote PLC (LON:BOY) opened at 591.50 on Monday. The company’s market capitalization is GBX 1.12 billion. Bodycote PLC has a one year low of GBX 489.90 and a one year high of GBX 624.00. The firm’s 50-day moving average price is GBX 598.51 and its 200 day moving average price is GBX 590.39.
The business also recently announced a dividend, which will be paid on Friday, November 4th. Shareholders of record on Thursday, October 6th will be paid a dividend of GBX 5 ($0.07) per share. The ex-dividend date is Thursday, October 6th. This represents a yield of 0.84%.
In other Bodycote PLC news, insider Landless,David F sold 55,335 shares of the business’s stock in a transaction on Monday, August 15th. The shares were sold at an average price of GBX 601 ($7.84), for a total transaction of £332,563.35 ($434,099.14).
Bodycote PLC Company Profile
Bodycote plc is a provider of thermal processing services. The Company has six 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.
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