Bodycote plc (LON:BOY) Stock Has Consensus Target Price of GBX 881.33

Bodycote plc (LON:BOY) has been given an average rating of “Moderate Buy” by the six brokerages that are currently covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is GBX 881.33.

Several analysts have recently issued reports on the company. Jefferies Financial Group reissued a “buy” rating and set a GBX 900 target price on shares of Bodycote in a report on Wednesday, July 29th. Berenberg Bank raised their price target on Bodycote from GBX 900 to GBX 933 and gave the stock a “hold” rating in a research report on Friday, September 4th. Royal Bank Of Canada boosted their price target on Bodycote from GBX 750 to GBX 950 and gave the company a “sector perform” rating in a research note on Thursday, August 6th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 960 price target on shares of Bodycote in a research note on Thursday, August 6th.

Bodycote Price Performance

Bodycote stock opened at GBX 916 on Wednesday. The stock’s fifty day moving average price is GBX 924.72 and its two-hundred day moving average price is GBX 775.20. Bodycote has a one year low of GBX 585 and a one year high of GBX 967.50. The company has a debt-to-equity ratio of 35.03, a current ratio of 1.12 and a quick ratio of 0.74. The firm has a market cap of £1.55 billion, a PE ratio of 27.26, a price-to-earnings-growth ratio of 1.44 and a beta of 1.35.

Bodycote (LON:BOY) last announced its quarterly earnings data on Tuesday, July 28th. The company reported GBX 18.10 earnings per share for the quarter. Bodycote had a return on equity of 9.30% and a net margin of 7.87%. As a group, research analysts expect that Bodycote will post 54.05 EPS for the current fiscal year.

About Bodycote

The leading provider of heat treatment and specialist thermal processing services worldwide.

Heat treatment encompasses a variety of techniques and specialist engineering processes which improve the properties of metals and alloys and extend the life of components and is a vital part of any manufacturing process.

Bodycote is uniquely placed via our global network and the experience and knowledge of our people to offer high quality, reliable and cost-effective services to manufacturers whatever their size or market sector.