Goldman Sachs Group reissued their sell rating on shares of Bodycote (LON:BOY) in a research report sent to investors on Wednesday, ThisIsMoney.Co.Uk reports.
Other equities analysts have also issued reports about the company. Morgan Stanley increased their price objective on Intact Financial from C$125.00 to C$128.00 in a report on Thursday, May 30th. Numis Securities reissued a buy rating on shares of 3i Group in a report on Thursday, May 16th. Liberum Capital reissued a sell rating on shares of Marks and Spencer Group in a report on Friday, May 24th. Berenberg Bank set a €126.00 ($146.51) price objective on Nemetschek and gave the company a neutral rating in a report on Thursday, March 21st. Finally, Deutsche Bank reissued a buy rating and set a $18.00 price objective on shares of STMicroelectronics in a report on Monday, April 15th. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have issued a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus price target of GBX 898.85 ($11.75).
Shares of LON BOY opened at GBX 762 ($9.96) on Wednesday. The firm’s fifty day moving average price is GBX 798.76. Bodycote has a 1-year low of GBX 673 ($8.79) and a 1-year high of GBX 1,056 ($13.80). The company has a market capitalization of $1.46 billion and a price-to-earnings ratio of 14.06. The company has a current ratio of 1.19, a quick ratio of 1.05 and a debt-to-equity ratio of 0.32.
In other news, insider Stephen C. Harris sold 61,882 shares of the firm’s stock in a transaction on Tuesday, April 23rd. The stock was sold at an average price of GBX 858 ($11.21), for a total value of £530,947.56 ($693,777.03).
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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