Peel Hunt Reiterates Buy Rating for Bodycote (BOY)
Bodycote (LON:BOY)‘s stock had its “buy” rating reiterated by equities research analysts at Peel Hunt in a note issued to investors on Friday, ThisIsMoney.Co.Uk reports.
A number of other analysts have also recently commented on the company. Liberum Capital reissued a “hold” rating on shares of Bodycote in a research report on Friday. Numis Securities reissued a “hold” rating on shares of Bodycote in a research report on Thursday, May 16th. UBS Group reissued a “neutral” rating on shares of Bodycote in a research report on Tuesday, May 7th. Deutsche Bank reissued a “hold” rating on shares of Bodycote in a research report on Monday, April 15th. Finally, Goldman Sachs Group reissued a “sell” rating on shares of Bodycote in a research report on Friday, April 12th. Four investment analysts have rated the stock with a sell rating, six have issued a hold rating and six have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of GBX 901.15 ($11.78).
Bodycote stock opened at GBX 782 ($10.22) on Friday. The company has a current ratio of 1.19, a quick ratio of 1.05 and a debt-to-equity ratio of 0.32. The company has a market cap of $1.48 billion and a price-to-earnings ratio of 14.43. Bodycote has a fifty-two week low of GBX 673 ($8.79) and a fifty-two week high of GBX 1,077 ($14.07).
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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