Berenberg Bank reaffirmed their hold rating on shares of Bodycote (LON:BOY) in a report issued on Thursday morning. Berenberg Bank currently has a GBX 940 ($12.28) target price on the stock, up from their previous target price of GBX 915 ($11.96).

Other research analysts have also issued research reports about the stock. Peel Hunt restated a buy rating on shares of Bodycote in a report on Tuesday, December 11th. Liberum Capital restated a hold rating on shares of Bodycote in a report on Thursday. Morgan Stanley lowered their price target on shares of Bodycote from GBX 890 ($11.63) to GBX 830 ($10.85) and set an underweight rating for the company in a report on Monday, January 14th. UBS Group lowered shares of Bodycote to a neutral rating and lowered their price target for the stock from GBX 1,000 ($13.07) to GBX 814 ($10.64) in a report on Thursday, December 6th. Finally, Credit Suisse Group reaffirmed an outperform rating on shares of Bodycote in a research report on Wednesday, December 12th. Four equities research analysts have rated the stock with a sell rating, six have issued a hold rating and six have issued a buy rating to the stock. Bodycote presently has a consensus rating of Hold and an average price target of GBX 925.27 ($12.09).

Bodycote stock opened at GBX 844.50 ($11.03) on Thursday. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.19 and a quick ratio of 1.10. Bodycote has a 52-week low of GBX 673 ($8.79) and a 52-week high of GBX 1,077 ($14.07). The company has a market cap of $1.61 billion and a price-to-earnings ratio of 15.58.

The business also recently disclosed a dividend, which will be paid on Friday, June 7th. Stockholders of record on Thursday, April 18th will be given a dividend of GBX 33.20 ($0.43) per share. This is an increase from Bodycote’s previous dividend of $5.70. The ex-dividend date is Thursday, April 18th. This represents a dividend yield of 3.99%. Bodycote’s dividend payout ratio (DPR) is 0.35%.

About Bodycote

Bodycote plc provides thermal processing services worldwide. The company operates in two business areas, Aerospace, Defence & Energy; and Automotive & General Industrial. It offers heat treatment services, including altering the microstructure of metals and alloys, such as steel and aluminum to impart properties comprising surface hardness, temperature resistance, ductility, and strength; metal joining services consisting of electron beam welding, and vacuum and honeycomb brazing; and Hot isostatic pressing (HIP) services, including HIP product fabrication, isostatic pressing, and HIP supporting services.

Featured Article: Quiet Period Expirations

Analyst Recommendations for Bodycote (LON:BOY)

Receive News & Ratings for Bodycote Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bodycote and related companies with's FREE daily email newsletter.