Bodycote PLC’s (BOY) “Buy” Rating Reiterated at Peel Hunt
A number of other brokerages have also weighed in on BOY. Berenberg Bank assumed coverage on Bodycote PLC in a research note on Wednesday, September 6th. They set a hold rating and a GBX 910 ($12.01) price target on the stock. Deutsche Bank AG boosted their price target on Bodycote PLC from GBX 880 ($11.61) to GBX 990 ($13.06) and gave the stock a buy rating in a research note on Wednesday, September 13th. Beaufort Securities reiterated a buy rating on shares of Bodycote PLC in a research report on Friday, October 27th. J P Morgan Chase & Co reiterated a neutral rating and issued a GBX 850 ($11.22) target price on shares of Bodycote PLC in a research report on Friday, October 27th. Finally, Liberum Capital reiterated a buy rating and issued a GBX 1,025 ($13.53) target price (up previously from GBX 910 ($12.01)) on shares of Bodycote PLC in a research report on Thursday, October 26th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and eight have given a buy rating to the company’s stock. The stock has a consensus rating of Buy and an average target price of GBX 887.92 ($11.72).
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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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