Analysts Set Bodycote plc (LON:BOY) Price Target at GBX 808.33

Bodycote plc (LON:BOY) has been assigned an average recommendation of “Moderate Buy” from the six analysts that are presently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month target price among brokers that have covered the stock in the last year is GBX 808.33.

A number of analysts recently weighed in on the company. Berenberg Bank restated a “buy” rating and issued a GBX 800 target price on shares of Bodycote in a research report on Friday, November 28th. Jefferies Financial Group lifted their price target on shares of Bodycote from GBX 915 to GBX 925 and gave the stock a “buy” rating in a research note on Monday, January 26th. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Bodycote in a research note on Tuesday, January 6th. Peel Hunt reiterated a “buy” rating and issued a GBX 845 target price on shares of Bodycote in a research report on Tuesday, November 18th. Finally, Deutsche Bank Aktiengesellschaft lowered their price target on shares of Bodycote from GBX 860 to GBX 835 and set a “buy” rating for the company in a research note on Tuesday, November 18th.

Bodycote Price Performance

BOY opened at GBX 784 on Friday. The stock has a 50-day moving average price of GBX 746.55 and a 200-day moving average price of GBX 678.58. Bodycote has a 12-month low of GBX 449.40 and a 12-month high of GBX 800. The company has a current ratio of 0.81, a quick ratio of 0.74 and a debt-to-equity ratio of 20.84. The stock has a market capitalization of £1.35 billion, a P/E ratio of 49.00, a PEG ratio of 1.44 and a beta of 1.18.

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.