Bodycote plc (LON:BOY) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Bodycote plc (LON:BOY) have received an average rating of “Moderate Buy” from the six ratings firms that are covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1-year price target among analysts that have covered the stock in the last year is GBX 850.83.

Separately, Deutsche Bank Aktiengesellschaft raised 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 Trading Up 1.2%

Shares of BOY opened at GBX 697.50 on Monday. Bodycote has a fifty-two week low of GBX 566.50 and a fifty-two week high of GBX 850. The company has a debt-to-equity ratio of 29.80, a quick ratio of 0.74 and a current ratio of 1.15. The company has a market capitalization of £1.19 billion, a PE ratio of 22.50, a price-to-earnings-growth ratio of 1.44 and a beta of 1.35. The stock has a fifty day moving average of GBX 714.42 and a two-hundred day moving average of GBX 713.91.

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.