Bodycote plc (LON:BOY) Receives GBX 850.83 Average Price Target from Analysts

Bodycote plc (LON:BOY) has been given a consensus rating of “Moderate Buy” by the six research firms that are currently covering the company, Marketbeat reports. Two research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price target among brokers that have covered the stock in the last year is GBX 850.83.

Separately, Deutsche Bank Aktiengesellschaft upgraded shares of Bodycote to a “buy” rating and boosted their price target for the stock from GBX 835 to GBX 960 in a research report on Thursday, May 28th.

Bodycote Stock Performance

BOY opened at GBX 696 on Monday. The business has a 50 day moving average price of GBX 714.42 and a two-hundred day moving average price of GBX 713.87. Bodycote has a 1-year low of GBX 566.50 and a 1-year high of GBX 850. The company has a market capitalization of £1.18 billion, a price-to-earnings ratio of 22.45, a price-to-earnings-growth ratio of 1.44 and a beta of 1.35. The company has a debt-to-equity ratio of 29.80, a current ratio of 1.15 and a quick ratio of 0.74.

Bodycote Company Profile

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.