Bodycote (LON:BOY) had its price target boosted by Goldman Sachs Group from GBX 700 ($9.21) to GBX 720 ($9.47) in a research report report published on Monday, Stock Target Advisor reports. They currently have a sell rating on the stock.
A number of other research firms also recently issued reports on BOY. Peel Hunt restated a buy rating on shares of Bodycote in a research report on Wednesday, November 20th. Jefferies Financial Group restated a buy rating and set a GBX 925 ($12.17) target price on shares of Bodycote in a research report on Wednesday, November 20th. HSBC downgraded shares of Bodycote to a hold rating and decreased their target price for the company from GBX 885 ($11.64) to GBX 725 ($9.54) in a research report on Wednesday, October 23rd. JPMorgan Chase & Co. downgraded shares of Bodycote to an underweight rating and boosted their target price for the company from GBX 750 ($9.87) to GBX 775 ($10.19) in a research report on Monday, December 9th. Finally, Liberum Capital restated a hold rating on shares of Bodycote in a research report on Wednesday, November 20th. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating and five have issued a buy rating to the stock. Bodycote currently has a consensus rating of Hold and a consensus price target of GBX 839.62 ($11.04).
LON BOY opened at GBX 929.50 ($12.23) on Monday. The company has a market capitalization of $1.78 billion and a PE ratio of 17.74. The company has a fifty day moving average of GBX 921.22 and a 200 day moving average of GBX 787.22. Bodycote has a 1 year low of GBX 638.50 ($8.40) and a 1 year high of GBX 975 ($12.83). The company has a debt-to-equity ratio of 17.82, a current ratio of 0.92 and a quick ratio of 0.83.
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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