Bodycote’s (BOY) Buy Rating Reiterated at Deutsche Bank Aktiengesellschaft

Bodycote (LON:BOY)‘s stock had its “buy” rating reissued by stock analysts at Deutsche Bank Aktiengesellschaft in a report released on Tuesday,Digital Look reports. They currently have a GBX 835 price target on the stock. Deutsche Bank Aktiengesellschaft’s target price would suggest a potential downside of 0.36% from the stock’s previous close.

BOY has been the topic of a number of other reports. Jefferies Financial Group lifted their price objective on shares of Bodycote from GBX 915 to GBX 925 and gave the company a “buy” rating in a report on Monday, January 26th. Berenberg Bank reiterated a “buy” rating and issued a GBX 900 price objective on shares of Bodycote in a report on Thursday, March 12th. JPMorgan Chase & Co. lifted their price objective on shares of Bodycote from GBX 670 to GBX 700 and gave the company a “neutral” rating in a report on Thursday, March 19th. Finally, Royal Bank Of Canada downgraded shares of Bodycote to a “sector perform” rating and set a GBX 775 price objective on the stock. in a report on Thursday, March 12th. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of GBX 830.

Bodycote Price Performance

LON BOY opened at GBX 838 on Tuesday. The company has a quick ratio of 0.74, a current ratio of 1.15 and a debt-to-equity ratio of 29.80. Bodycote has a 12-month low of GBX 525 and a 12-month high of GBX 850. The company has a market capitalization of £1.43 billion, a PE ratio of 27.03, a price-to-earnings-growth ratio of 1.44 and a beta of 1.34. The firm’s 50 day moving average is GBX 676.81 and its 200-day moving average is GBX 697.53.

Bodycote (LON:BOY) last posted its quarterly earnings data 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%. Equities research analysts anticipate that Bodycote will post 54.0540541 earnings per share for the current fiscal 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.