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

Bodycote plc (LON:BOY) has been given an average recommendation of “Moderate Buy” by the six brokerages that are covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is GBX 830.

Several research analysts have recently weighed in on the stock. Royal Bank Of Canada lowered shares of Bodycote to a “sector perform” rating and set a GBX 775 price objective on the stock. in a research note on Thursday, March 12th. Berenberg Bank restated a “buy” rating and set a GBX 900 price objective on shares of Bodycote in a research note on Thursday, March 12th. JPMorgan Chase & Co. boosted their price objective on shares of Bodycote from GBX 670 to GBX 700 and gave the stock a “neutral” rating in a research note on Thursday, March 19th. Finally, Jefferies Financial Group boosted their price objective on shares of Bodycote from GBX 915 to GBX 925 and gave the stock a “buy” rating in a research note on Monday, January 26th.

Bodycote Stock Up 0.4%

Bodycote stock opened at GBX 683.50 on Wednesday. The firm has a market capitalization of £1.17 billion, a PE ratio of 22.05, a P/E/G ratio of 1.44 and a beta of 1.34. The company’s 50-day moving average is GBX 677.73 and its 200-day moving average is GBX 692.25. Bodycote has a fifty-two week low of GBX 519.50 and a fifty-two week high of GBX 800. The company has a debt-to-equity ratio of 29.80, a current ratio of 1.15 and a quick ratio of 0.74.

Bodycote (LON:BOY) last released its quarterly earnings data on Wednesday, March 11th. The company reported GBX 44.40 earnings per share for the quarter. Bodycote had a net margin of 7.55% and a return on equity of 8.58%. Sell-side analysts anticipate that Bodycote will post 54.0540541 earnings per share for the current year.

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.