Bodycote PLC’s (BOY) “Outperform” Rating Reiterated at Credit Suisse Group AG
Several other research firms also recently weighed in on BOY. Panmure Gordon reiterated a buy rating and set a GBX 685 ($8.94) price target on shares of Bodycote PLC in a research note on Friday, July 29th. Royal Bank Of Canada increased their price target on Bodycote PLC from GBX 550 ($7.18) to GBX 590 ($7.70) and gave the stock a sector performer rating in a research note on Monday, August 1st. HSBC reiterated a buy rating and set a GBX 675 ($8.81) price target on shares of Bodycote PLC in a research note on Thursday, June 30th. JPMorgan Chase & Co. upgraded Bodycote PLC to a neutral rating and increased their price target for the stock from GBX 565 ($7.38) to GBX 605 ($7.90) in a research note on Monday, August 22nd. Finally, Morgan Stanley increased their price target on Bodycote PLC from GBX 680 ($8.88) to GBX 720 ($9.40) and gave the stock an overweight rating in a research note on Friday, August 5th. Four research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The company has a consensus rating of Buy and an average target price of GBX 651 ($8.50).
Bodycote PLC (LON:BOY) opened at 596.00 on Monday. The firm’s market cap is GBX 1.13 billion. Bodycote PLC has a 1-year low of GBX 489.90 and a 1-year high of GBX 624.00. The company has a 50-day moving average price of GBX 598.17 and a 200-day moving average price of GBX 590.39.
The firm also recently declared a dividend, which will be paid on Friday, November 4th. Shareholders of record on Thursday, October 6th will be issued a GBX 5 ($0.07) dividend. The ex-dividend date of this dividend is Thursday, October 6th. This represents a dividend yield of 0.84%.
In other Bodycote PLC news, insider Landless,David F sold 55,335 shares of the firm’s stock in a transaction dated Monday, August 15th. The stock was sold at an average price of GBX 601 ($7.84), for a total value of £332,563.35 ($434,099.14).
About Bodycote PLC
Bodycote plc is a provider of thermal processing services. The Company has six segments, split between Aerospace, Defense and Energy (ADE) and Automotive and General Industrial (AGI) business areas: ADE-Western Europe; ADE-North America; ADE-Emerging markets; AGI-Western Europe; AGI-North America, and AGI-Emerging markets.
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