Bodycote plc (LON:BOY) Stock Has Average Target Price of GBX 881.33

Shares of Bodycote plc (LON:BOY) have received an average recommendation of “Moderate Buy” from the six brokerages that are currently covering the firm, Marketbeat.com reports. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is GBX 881.33.

BOY has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 960 target price on shares of Bodycote in a report on Thursday, August 6th. Berenberg Bank raised their price target on shares of Bodycote from GBX 900 to GBX 933 and gave the stock a “hold” rating in a report on Friday, September 4th. Royal Bank Of Canada boosted their price target on shares of Bodycote from GBX 750 to GBX 950 and gave the company a “sector perform” rating in a report on Thursday, August 6th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 900 price target on shares of Bodycote in a research note on Wednesday, July 29th.

Bodycote Stock Performance

Shares of Bodycote stock opened at GBX 910.50 on Friday. The stock has a market cap of £1.54 billion, a PE ratio of 27.10, a price-to-earnings-growth ratio of 1.44 and a beta of 1.35. The business has a fifty day simple moving average of GBX 903.62 and a 200-day simple moving average of GBX 767.89. 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 967.50.

Bodycote (LON:BOY) last posted its quarterly earnings results 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%. On average, sell-side analysts anticipate 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.