Bodycote (LON:BOY) Given “Sector perform” Rating at Royal Bank Of Canada

Bodycote (LON:BOY)‘s stock had its “sector perform” rating restated by stock analysts at Royal Bank Of Canada in a research note issued to investors on Wednesday,Digital Look reports. They presently have a GBX 750 price target on the stock. Royal Bank Of Canada’s target price suggests a potential upside of 9.41% from the company’s current price.

A number of other equities research analysts also recently issued reports on the stock. Deutsche Bank Aktiengesellschaft raised shares of Bodycote to a “buy” rating and upped their price objective for the stock from GBX 835 to GBX 960 in a research report on Thursday, May 28th. Berenberg Bank restated a “buy” rating and issued a GBX 900 target price on shares of Bodycote in a research note on Wednesday. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, Bodycote presently has an average rating of “Moderate Buy” and a consensus price target of GBX 846.67.

Bodycote Price Performance

Shares of LON:BOY opened at GBX 685.50 on Wednesday. The company has a current ratio of 1.15, a quick ratio of 0.74 and a debt-to-equity ratio of 29.80. The stock’s fifty day simple moving average is GBX 714.61 and its two-hundred day simple moving average is GBX 713.33. Bodycote has a 1-year low of GBX 573 and a 1-year high of GBX 850. The stock has a market cap of £1.17 billion, a PE ratio of 22.11, a price-to-earnings-growth ratio of 1.44 and a beta of 1.35.

Bodycote (LON:BOY) last posted its earnings results on Tuesday, July 28th. The company reported GBX 18.10 earnings per share (EPS) for the quarter. Bodycote had a net margin of 7.55% and a return on equity of 8.58%. As a group, analysts forecast that Bodycote will post 54.0540541 EPS for the current fiscal year.

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.