Bodycote Plc (NASDAQ:BYPLF) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued on Monday. The firm currently has a $13.00 price target on the stock. Zacks Investment Research‘s target price points to a potential upside of 8.33% from the company’s previous close.

According to Zacks, “Bodycote PLC provides thermal processing services through heat treatment, metal joining, surface technology and Hot Isostatic Pressing. It serves aerospace, defense, automotive, power generation, oil & gas, construction, medical and transportation industry. Bodycote PLC is headquartered in Macclesfield, the United Kingdom. “

Shares of Bodycote Plc (BYPLF) remained flat at $12.00 during mid-day trading on Monday. The company’s 50 day moving average price is $11.23 and its 200-day moving average price is $10.34. The company has a market cap of $2.28 billion and a price-to-earnings ratio of 22.73. Bodycote Plc has a 12 month low of $7.60 and a 12 month high of $12.00.

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