Bodycote (BOY) PT Lowered to GBX 830 at Morgan Stanley
Bodycote (LON:BOY) had its price target trimmed by Morgan Stanley from GBX 840 ($11.61) to GBX 830 ($11.47) in a research note published on Monday. The firm currently has an underweight rating on the stock.
A number of other equities analysts have also recently weighed in on BOY. Credit Suisse Group restated an outperform rating on shares of Bodycote in a research report on Monday, November 20th. Deutsche Bank cut shares of Bodycote to a hold rating and set a GBX 990 ($13.68) price objective for the company. in a research report on Monday, December 4th. Numis Securities reiterated a hold rating and issued a GBX 925 ($12.78) target price on shares of Bodycote in a research report on Tuesday, December 5th. Barclays reiterated an overweight rating and issued a GBX 1,035 ($14.30) target price on shares of Bodycote in a research report on Monday, December 18th. Finally, Liberum Capital increased their target price on shares of Bodycote from GBX 1,025 ($14.16) to GBX 1,050 ($14.51) and gave the company a buy rating in a research report on Friday, January 12th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and nine have assigned a buy rating to the company. The stock has a consensus rating of Buy and an average price target of GBX 1,001.25 ($13.83).
Bodycote stock opened at GBX 930 ($12.85) on Monday. The firm has a market cap of $1,780.00 and a price-to-earnings ratio of 1,937.50. Bodycote has a 12-month low of GBX 728.50 ($10.06) and a 12-month high of GBX 1,043 ($14.41).
The firm also recently announced a dividend, which will be paid on Friday, June 1st. Stockholders of record on Thursday, April 19th will be given a GBX 37.10 ($0.51) dividend. This represents a dividend yield of 3.96%. This is a boost from Bodycote’s previous dividend of $5.30. The ex-dividend date of this dividend is Thursday, April 19th.
In other Bodycote news, insider Anne Quinn bought 9,000 shares of Bodycote stock in a transaction dated Tuesday, March 6th. The stock was acquired at an average cost of GBX 932 ($12.88) per share, for a total transaction of £83,880 ($115,888.37).
TRADEMARK VIOLATION NOTICE: “Bodycote (BOY) PT Lowered to GBX 830 at Morgan Stanley” was first posted by Watch List News and is the property of of Watch List News. If you are viewing this news story on another publication, it was stolen and reposted in violation of United States and international trademark and copyright law. The original version of this news story can be viewed at https://www.watchlistnews.com/bodycote-boy-pt-lowered-to-gbx-830-at-morgan-stanley/1954900.html.
Bodycote Company Profile
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.
Receive News & Ratings for Bodycote Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bodycote and related companies with MarketBeat.com's FREE daily email newsletter.