Bodycote (LON:BOY) Share Price Passes Above 200 Day Moving Average – Should You Sell?

Bodycote plc (LON:BOY)’s stock price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 713.61 and traded as high as GBX 715. Bodycote shares last traded at GBX 689, with a volume of 616,339 shares changing hands.

Key Headlines Impacting Bodycote

Here are the key news stories impacting Bodycote this week:

• Positive Sentiment: Bodycote reported quarterly earnings of 18.10 pence per share, alongside a 7.55% net margin and 8.58% return on equity. The results were discussed on the company’s Q2 2026 earnings call, giving investors additional detail on performance and outlook. Bodycote Q2 2026 earnings call transcript
• Positive Sentiment: Deutsche Bank reaffirmed its Buy rating and raised or set a price target of 960 pence. This target implies substantial potential upside relative to the recent trading level and provides the strongest bullish broker endorsement among the updates. Digital Look broker updates
• Positive Sentiment: Jefferies and Berenberg both reaffirmed Buy ratings, with price targets of 900 pence. The repeated positive recommendations suggest continued analyst confidence in Bodycote’s earnings prospects. Digital Look broker updates
• Positive Sentiment: The shares recently traded above their 200-day moving average, a technical development often viewed as a sign of improving momentum and investor sentiment.
• Neutral Sentiment: RBC reaffirmed a Sector Perform rating and a 750-pence target. This is less bullish than the other broker views and indicates that some analysts see more limited near-term upside.

Analyst Ratings Changes

Several research firms have recently issued reports on BOY. Jefferies Financial Group restated a “buy” rating and set a GBX 900 target price on shares of Bodycote in a research report on Wednesday. Royal Bank Of Canada reiterated a “sector perform” rating and issued a GBX 750 price target on shares of Bodycote in a research report on Wednesday. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 960 price objective on shares of Bodycote in a research note on Wednesday. Finally, Berenberg Bank restated a “buy” rating and set a GBX 900 price objective on shares of Bodycote in a report on Wednesday. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of GBX 842.50.

Bodycote Price Performance

The company has a 50 day moving average of GBX 714.61 and a 200 day moving average of GBX 713.33. 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 firm has a market cap of £1.23 billion, a price-to-earnings ratio of 23.34, a P/E/G 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 return on equity of 8.58% and a net margin of 7.55%. Equities research analysts predict that Bodycote plc will post 54.0540541 EPS for the current fiscal year.

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.