Shares of Bodycote PLC (LON:BOY) have been assigned an average rating of “Hold” from the sixteen research firms that are presently covering the stock, MarketBeat reports. Four analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and six have assigned a buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is GBX 906.82 ($11.85).

Several research firms have weighed in on BOY. Credit Suisse Group reaffirmed an “outperform” rating on shares of Bodycote in a research report on Wednesday, December 12th. JPMorgan Chase & Co. reduced their target price on Bodycote from GBX 855 ($11.17) to GBX 840 ($10.98) and set a “neutral” rating for the company in a research note on Monday, March 11th. Liberum Capital reiterated a “hold” rating on shares of Bodycote in a research note on Friday, March 8th. Bank of America reduced their target price on Bodycote from GBX 850 ($11.11) to GBX 780 ($10.19) and set an “underperform” rating for the company in a research note on Tuesday, January 8th. Finally, Peel Hunt reiterated a “buy” rating on shares of Bodycote in a research note on Tuesday, February 26th.

Shares of LON:BOY traded up GBX 21.50 ($0.28) during trading on Thursday, hitting GBX 875.50 ($11.44). 118,992 shares of the company were exchanged, compared to its average volume of 483,340. The firm has a market capitalization of $1.66 billion and a price-to-earnings ratio of 16.15. Bodycote has a fifty-two week low of GBX 673 ($8.79) and a fifty-two week high of GBX 1,077 ($14.07). The company has a quick ratio of 1.05, a current ratio of 1.19 and a debt-to-equity ratio of 0.32.

The firm also recently announced a dividend, which will be paid on Friday, June 7th. Stockholders of record on Thursday, April 18th will be paid a dividend of GBX 33.20 ($0.43) per share. This is an increase from Bodycote’s previous dividend of $5.70. This represents a dividend yield of 3.99%. The ex-dividend date is Thursday, April 18th. Bodycote’s payout ratio is currently 0.35%.

Bodycote Company Profile

Bodycote plc provides thermal processing services worldwide. The company operates in two business areas, Aerospace, Defence & Energy; and Automotive & General Industrial. It offers heat treatment services, including altering the microstructure of metals and alloys, such as steel and aluminum to impart properties comprising surface hardness, temperature resistance, ductility, and strength; metal joining services consisting of electron beam welding, and vacuum and honeycomb brazing; and Hot isostatic pressing (HIP) services, including HIP product fabrication, isostatic pressing, and HIP supporting services.

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Analyst Recommendations for Bodycote (LON:BOY)

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