UBS Group reaffirmed their neutral rating on shares of Bodycote (LON:BOY) in a research report sent to investors on Thursday morning, ThisIsMoney.Co.Uk reports.

Several other research analysts have also recently issued reports on the company. Numis Securities reissued a hold rating on shares of Bodycote in a research report on Thursday, May 16th. Liberum Capital reaffirmed a hold rating on shares of Bodycote in a research report on Thursday, July 25th. Morgan Stanley reaffirmed an equal weight rating on shares of Bodycote in a research report on Thursday, July 11th. Berenberg Bank lowered their price objective on Bodycote from GBX 845 ($11.04) to GBX 735 ($9.60) and set a hold rating on the stock in a research report on Tuesday, August 20th. Finally, Peel Hunt reaffirmed a buy rating on shares of Bodycote in a research report on Tuesday, August 6th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and six have assigned a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus price target of GBX 876.25 ($11.45).

LON:BOY traded up GBX 10.50 ($0.14) on Thursday, hitting GBX 760.50 ($9.94). The stock had a trading volume of 102,237 shares, compared to its average volume of 483,340. The stock has a market cap of $1.46 billion and a price-to-earnings ratio of 14.51. The company has a quick ratio of 0.83, a current ratio of 0.92 and a debt-to-equity ratio of 17.82. The business’s 50-day simple moving average is GBX 713.33 and its two-hundred day simple moving average is GBX 789.98. Bodycote has a 52-week low of GBX 646 ($8.44) and a 52-week high of GBX 938.50 ($12.26).

The business also recently disclosed a dividend, which will be paid on Friday, November 8th. Stockholders of record on Thursday, October 10th will be given a dividend of GBX 6 ($0.08) per share. The ex-dividend date is Thursday, October 10th. This represents a dividend yield of 0.8%. Bodycote’s payout ratio is currently 0.36%.

In other Bodycote news, insider Dominique Yates bought 30,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 27th. The shares were bought at an average price of GBX 701 ($9.16) per share, with a total value of £210,300 ($274,794.20).

Bodycote Company Profile

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.

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Analyst Recommendations for Bodycote (LON:BOY)

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