Bodycote plc (LON:BOY) Stock Has Average Price Target of GBX 881.33

Bodycote plc (LON:BOY) has received a consensus rating of “Moderate Buy” from the six analysts that are currently covering the company, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is GBX 881.33.

Several equities analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 960 price objective on shares of Bodycote in a report on Thursday, August 6th. Berenberg Bank raised their price target on Bodycote from GBX 900 to GBX 933 and gave the company a “hold” rating in a report on Friday, September 4th. Royal Bank Of Canada lifted their target price on shares of Bodycote from GBX 750 to GBX 950 and gave the stock a “sector perform” rating in a research report on Thursday, August 6th. Finally, Jefferies Financial Group reiterated a “buy” rating and set a GBX 900 target price on shares of Bodycote in a report on Wednesday, July 29th.

Bodycote Price Performance

BOY stock opened at GBX 917 on Wednesday. The stock has a market capitalization of £1.55 billion, a P/E ratio of 27.29, a price-to-earnings-growth ratio of 1.44 and a beta of 1.35. The company has a current ratio of 1.12, a quick ratio of 0.74 and a debt-to-equity ratio of 35.03. The firm has a 50-day moving average price of GBX 925.59 and a 200-day moving average price of GBX 779.55. Bodycote has a 12 month low of GBX 585 and a 12 month high of GBX 967.50.

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.