Bodycote plc (LON:BOY) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Bodycote plc (LON:BOY) have been given an average rating of “Moderate Buy” by the six brokerages that are covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is GBX 850.83.

Separately, Deutsche Bank Aktiengesellschaft upgraded Bodycote to a “buy” rating and raised their price objective for the stock from GBX 835 to GBX 960 in a report on Thursday, May 28th.

Bodycote Stock Down 0.4%

BOY stock opened at GBX 694 on Monday. The company has a 50 day moving average price of GBX 713.79 and a two-hundred day moving average price of GBX 714.21. The company has a debt-to-equity ratio of 29.80, a quick ratio of 0.74 and a current ratio of 1.15. The stock has a market capitalization of £1.18 billion, a P/E ratio of 22.39, a PEG ratio of 1.44 and a beta of 1.35. Bodycote has a one year low of GBX 566.50 and a one year high of GBX 850.

Bodycote Company Profile

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.