Shares of Bodycote plc (LON:BOY) have earned a consensus recommendation of “Hold” from the nine analysts that are covering the company, MarketBeat Ratings reports. Three research analysts have rated the stock with a sell recommendation, two have issued a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is GBX 651.25 ($8.51).

Separately, JPMorgan Chase & Co. upped their price target on Bodycote from GBX 635 ($8.30) to GBX 650 ($8.49) and gave the company an “underweight” rating in a report on Tuesday, February 9th.

BOY stock traded down GBX 3 ($0.04) on Thursday, hitting GBX 753 ($9.84). 300,219 shares of the company’s stock traded hands, compared to its average volume of 284,465. The stock has a market cap of £1.44 billion and a price-to-earnings ratio of 3,772.50. Bodycote has a 1-year low of GBX 472.60 ($6.17) and a 1-year high of GBX 874 ($11.42). The company has a current ratio of 0.63, a quick ratio of 0.54 and a debt-to-equity ratio of 18.90. The stock has a fifty day moving average of GBX 820.92 and a 200-day moving average of GBX 749.25.

The firm also recently announced a dividend, which will be paid on Friday, June 4th. Stockholders of record on Thursday, April 22nd will be issued a GBX 13.40 ($0.18) dividend. The ex-dividend date of this dividend is Thursday, April 22nd. This represents a dividend yield of 1.67%. This is a positive change from Bodycote’s previous dividend of $6.00. Bodycote’s dividend payout ratio is presently 96.50%.

About Bodycote

Bodycote plc provides heat treatment and thermal processing services worldwide. The company operates through Aerospace, Defence & Energy; and Automotive & General Industrial segments. 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, HIP diffusion bonding, hydrogen brazing, induction brazing, and vacuum and honeycomb brazing; and hot isostatic pressing (HIP) services, including isostatic pressing and HIP supporting services, as well as Powdermet technology, a manufacturing process used in the production of complex components using powder metallurgy.

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Analyst Recommendations for Bodycote (LON:BOY)

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