Deutsche Bank AG Boosts Bodycote PLC (BOY) Price Target to GBX 990
Bodycote PLC (LON:BOY) had its price target boosted by Deutsche Bank AG from GBX 880 ($11.37) to GBX 990 ($12.79) in a research note released on Wednesday. Deutsche Bank AG currently has a buy rating on the stock.
Several other equities research analysts also recently weighed in on the company. Berenberg Bank assumed coverage on Bodycote PLC in a research report on Wednesday, September 6th. They issued a hold rating and a GBX 910 ($11.75) target price for the company. Peel Hunt upped their target price on Bodycote PLC from GBX 900 ($11.62) to GBX 965 ($12.46) and gave the stock a buy rating in a research report on Friday, August 25th. Credit Suisse Group reaffirmed an outperform rating and issued a GBX 910 ($11.75) target price on shares of Bodycote PLC in a research report on Thursday, July 27th. Liberum Capital reaffirmed a buy rating and issued a GBX 910 ($11.75) target price on shares of Bodycote PLC in a research report on Thursday, July 27th. Finally, J P Morgan Chase & Co reaffirmed a neutral rating and issued a GBX 850 ($10.98) target price (up previously from GBX 770 ($9.94)) on shares of Bodycote PLC in a research report on Monday, July 24th. One research analyst has rated the stock with a sell rating, four have given a hold rating and nine have given a buy rating to the company’s stock. Bodycote PLC has a consensus rating of Buy and a consensus target price of GBX 833.46 ($10.76).
Shares of Bodycote PLC (BOY) opened at 928.50 on Wednesday. The firm has a 50-day moving average price of GBX 931.09 and a 200-day moving average price of GBX 831.85. The firm’s market cap is GBX 1.77 billion. Bodycote PLC has a 52-week low of GBX 553.00 and a 52-week high of GBX 980.00.
The company also recently disclosed a dividend, which will be paid on Friday, November 3rd. Shareholders of record on Thursday, October 5th will be paid a dividend of GBX 5.30 ($0.07) per share. This represents a yield of 0.59%. The ex-dividend date is Thursday, October 5th.
In other Bodycote PLC news, insider Stephen C. Harris sold 8,626 shares of the company’s stock in a transaction that occurred on Monday, July 31st. The stock was sold at an average price of GBX 909 ($11.74), for a total transaction of £78,410.34 ($101,266.10).
About Bodycote PLC
Bodycote plc is a provider of thermal processing services. The Company has six operating 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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