Bodycote (OTCMKTS:BYPLF) Downgraded by Royal Bank Of Canada to “Hold”

Royal Bank Of Canada lowered shares of Bodycote (OTCMKTS:BYPLF) from a moderate buy rating to a hold rating in a research report sent to investors on Thursday,Zacks.com reports.

Separately, Barclays raised shares of Bodycote from a “hold” rating to an “overweight” rating in a research report on Wednesday, December 3rd. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

Bodycote Price Performance

OTCMKTS BYPLF opened at $10.05 on Thursday. The stock has a 50-day moving average of $9.56 and a two-hundred day moving average of $8.93. Bodycote has a 1-year low of $8.50 and a 1-year high of $10.05.

About Bodycote

Bodycote plc (OTCMKTS: BYPLF) is a global provider of industrial thermal processing and materials technology services. The company offers a range of solutions including heat treatment, hot isostatic pressing, surface coatings and metal joining, all designed to enhance mechanical performance, improve material properties and extend the service life of critical components.

Operating more than 140 facilities across Europe, North America and the Asia-Pacific region, Bodycote serves customers in aerospace, automotive, energy, medical and general industrial markets.