Bodycote (LON:BOY)‘s stock had its “buy” rating reissued by analysts at Peel Hunt in a research report issued on Tuesday, February 20th. They currently have a GBX 965 ($13.33) price objective on the stock. Peel Hunt’s price objective would suggest a potential upside of 3.76% from the stock’s previous close.
Several other equities research analysts have also issued reports on BOY. Barclays reissued an “overweight” rating on shares of Bodycote in a research report on Tuesday, January 16th. Numis Securities restated a “hold” rating and set a GBX 925 ($12.78) price objective on shares of Bodycote in a research note on Tuesday, December 5th. JPMorgan Chase & Co. restated a “neutral” rating and set a GBX 850 ($11.74) price objective on shares of Bodycote in a research note on Friday, October 27th. Liberum Capital reissued a “buy” rating and issued a GBX 1,050 ($14.51) price target on shares of Bodycote in a research note on Wednesday, January 24th. Finally, Beaufort Securities reissued a “buy” rating on shares of Bodycote in a research note on Friday, October 27th. Three analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of GBX 1,016.82 ($14.05).
Bodycote (BOY) traded down GBX 2 ($0.03) during midday trading on Tuesday, reaching GBX 930 ($12.85). The company’s stock had a trading volume of 701,214 shares, compared to its average volume of 447,718. Bodycote has a 52-week low of GBX 728.50 ($10.06) and a 52-week high of GBX 1,043 ($14.41). The stock has a market cap of $1,780.00 and a PE ratio of 1,937.50.
Bodycote (LON:BOY) last announced its earnings results on Tuesday, March 6th. The company reported GBX 49.20 ($0.68) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of GBX 47.20 ($0.65) by GBX 2 ($0.03). The company had revenue of £690.20 million for the quarter. Bodycote had a return on equity of 13.56% and a net margin of 12.61%.
In related 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, with a total value of £83,880 ($115,888.37).
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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.
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