Canaccord Genuity Reiterates “Buy” Rating for Bodycote PLC (BOY)
Several other analysts have also recently issued reports on the company. N+1 Singer increased their target price on Bodycote PLC from GBX 635 ($7.74) to GBX 690 ($8.41) and gave the company a buy rating in a research report on Wednesday, October 12th. Credit Suisse Group AG reaffirmed an outperform rating on shares of Bodycote PLC in a research report on Monday, October 3rd. JPMorgan Chase & Co. raised Bodycote PLC to a neutral rating and increased their target price for the company from GBX 565 ($6.89) to GBX 605 ($7.37) in a research report on Monday, August 22nd. HSBC reaffirmed a buy rating and set a GBX 675 ($8.23) target price on shares of Bodycote PLC in a research report on Tuesday, August 16th. Finally, Numis Securities Ltd reaffirmed an add rating and set a GBX 650 ($7.92) target price on shares of Bodycote PLC in a research report on Friday, August 12th. Four equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The company has a consensus rating of Buy and an average price target of GBX 655.23 ($7.99).
Shares of Bodycote PLC (LON:BOY) opened at 628.00 on Wednesday. The company’s market capitalization is GBX 1.19 billion. The company’s 50 day moving average price is GBX 605.10 and its 200 day moving average price is GBX 591.47. Bodycote PLC has a 52-week low of GBX 489.90 and a 52-week high of GBX 640.50.
The business also recently disclosed a dividend, which will be paid on Friday, November 4th. Shareholders of record on Thursday, October 6th will be paid a dividend of GBX 5 ($0.06) per share. 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 Bodycote PLC stock in a transaction dated Monday, August 15th. The stock was sold at an average price of GBX 601 ($7.32), for a total transaction of £332,563.35 ($405,317.92).
Bodycote PLC Company Profile
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.
Receive News & Ratings for Bodycote PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bodycote PLC and related companies with MarketBeat.com's FREE daily email newsletter.