UBS Group restated their neutral rating on shares of Bodycote (LON:BOY) in a research note published on Friday, Stock Target Advisor reports.

A number of other equities analysts have also recently issued reports on the stock. Goldman Sachs Group restated a sell rating on shares of Bodycote in a research report on Friday, October 11th. Jefferies Financial Group cut their target price on shares of Bodycote from GBX 1,025 ($13.39) to GBX 995 ($13.00) and set a buy rating for the company in a research report on Wednesday, July 24th. Morgan Stanley restated an equal weight rating on shares of Bodycote in a research report on Monday, November 11th. Bank of America cut their target price on shares of Bodycote from GBX 750 ($9.80) to GBX 700 ($9.15) and set an underperform rating for the company in a research report on Thursday, October 10th. Finally, Liberum Capital cut their target price on shares of Bodycote from GBX 740 ($9.67) to GBX 700 ($9.15) and set a hold rating for the company in a research report on Wednesday, October 16th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and four have assigned a buy rating to the company. The company currently has an average rating of Hold and an average target price of GBX 820.38 ($10.72).

BOY stock traded up GBX 18.50 ($0.24) during trading on Friday, reaching GBX 834.50 ($10.90). 441,804 shares of the company were exchanged, compared to its average volume of 483,340. The company has a market cap of $1.60 billion and a P/E ratio of 15.93. Bodycote has a 52-week low of GBX 638.50 ($8.34) and a 52-week high of GBX 909.50 ($11.88). The stock’s 50 day moving average price is GBX 724.54 and its 200 day moving average price is GBX 755.45. The company has a debt-to-equity ratio of 17.82, a quick ratio of 0.83 and a current ratio of 0.92.

In other news, insider Dominique Yates acquired 30,000 shares of the business’s stock in a transaction dated Tuesday, August 27th. The stock was acquired 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.

See Also: Gross Domestic Product (GDP)

Analyst Recommendations for Bodycote (LON:BOY)

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