Bodycote plc (LON:BOY) Receives GBX 825 Average Price Target from Analysts

Shares of Bodycote plc (LON:BOY) have been assigned an average recommendation of “Moderate Buy” from the six research firms that are presently covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1-year price target among analysts that have covered the stock in the last year is GBX 830.

A number of equities analysts recently weighed in on BOY shares. Jefferies Financial Group lifted their target price on shares of Bodycote from GBX 915 to GBX 925 and gave the stock a “buy” rating in a research note on Monday, January 26th. JPMorgan Chase & Co. increased their price target on Bodycote from GBX 670 to GBX 700 and gave the stock a “neutral” rating in a report on Thursday, March 19th. Royal Bank Of Canada lowered Bodycote to a “sector perform” rating and set a GBX 775 price objective for the company. in a research report on Thursday, March 12th. Finally, Berenberg Bank restated a “buy” rating and set a GBX 900 target price on shares of Bodycote in a research report on Thursday, March 12th.

Bodycote Stock Performance

Shares of BOY stock opened at GBX 637 on Tuesday. The stock has a market capitalization of £1.09 billion, a PE ratio of 39.81, a PEG ratio of 1.44 and a beta of 1.22. The business’s 50 day simple moving average is GBX 741.13 and its 200 day simple moving average is GBX 686.79. The company has a debt-to-equity ratio of 29.80, a current ratio of 1.15 and a quick ratio of 0.74. Bodycote has a one year low of GBX 449.40 and a one year high of GBX 800.

Bodycote (LON:BOY) last released its quarterly earnings results on Wednesday, March 11th. The company reported GBX 44.40 earnings per share (EPS) for the quarter. Bodycote had a net margin of 7.55% and a return on equity of 8.58%. As a group, research analysts forecast that Bodycote will post 54.0540541 earnings per share for the current year.

Bodycote Company Profile

The leading provider of heat treatment and specialist thermal processing services worldwide.

Heat treatment encompasses a variety of techniques and specialist engineering processes which improve the properties of metals and alloys and extend the life of components and is a vital part of any manufacturing process.

Bodycote is uniquely placed via our global network and the experience and knowledge of our people to offer high quality, reliable and cost-effective services to manufacturers whatever their size or market sector.