Bodycote plc (LON:BOY) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Bodycote plc (LON:BOY) have received an average rating of “Moderate Buy” from the six research firms that are currently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is GBX 875.83.

Several brokerages recently commented on BOY. 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. Berenberg Bank reissued a “buy” rating and set a GBX 900 price objective on shares of Bodycote in a report on Thursday, August 6th. Royal Bank Of Canada boosted their target price on shares of Bodycote from GBX 750 to GBX 950 and gave the company a “sector perform” rating in a research note on Thursday, August 6th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 900 target price on shares of Bodycote in a report on Wednesday, July 29th.

Bodycote Price Performance

Shares of BOY opened at GBX 910 on Friday. The stock has a market cap of £1.54 billion, a price-to-earnings ratio of 27.08, a P/E/G ratio of 1.44 and a beta of 1.35. The company has a quick ratio of 0.74, a current ratio of 1.12 and a debt-to-equity ratio of 35.03. Bodycote has a 12 month low of GBX 585 and a 12 month high of GBX 935. The company has a 50-day moving average price of GBX 723.15 and a two-hundred day moving average price of GBX 720.72.

Bodycote (LON:BOY) last released 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%. Equities analysts predict that Bodycote will post 54.0540541 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.