Bodycote Given New $9.25 Price Target at Jefferies Group (BOY)
Research analysts at Jefferies Group boosted their target price on shares of Bodycote (LON: BOY) from $7.89 (525 GBX) to $9.25 (615 GBX) in a report released on Wednesday. The firm currently has a “buy” rating on the stock.
Bodycote opened at 557.00 on Wednesday. Bodycote has a 1-year low of GBX 300.50 and a 1-year high of GBX 556.50. The stock’s 50-day moving average is currently GBX 384.0. The company’s market cap is £1.050 billion.
Several other analysts have also recently commented on the stock. Analysts at Goldman Sachs raised their price target on shares of Bodycote from $7.22 to $7.52 in a research note to investors on Tuesday. They now have a “neutral” rating on the stock. Separately, analysts at Bank of America raised their price target on shares of Bodycote from $6.90 to $7.35 in a research note to investors on Thursday, February 28th. They now have an “underperform” rating on the stock. Finally, analysts at Numis Securities Ltd reiterated an “add” rating on shares of Bodycote in a research note to investors on Wednesday, February 27th. They now have a $8.49 price target on the stock.
Bodycote plc (Bodycote) is a specialized plasma spray, high velocity oxy fuel (HVOF) and thermally formed ceramic treatments.
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