Bodycote Plc (BYPLF) Lifted to Buy at Zacks Investment Research

Bodycote Plc (NASDAQ:BYPLF) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued to investors on Monday, September 11th. The firm currently has a $13.00 target price on the stock. Zacks Investment Research‘s price objective points to a potential upside of 6.56% from the company’s previous close.

According to Zacks, “Bodycote PLC provides thermal processing services through heat treatment, metal joining, surface technology and Hot Isostatic Pressing. It serves aerospace, defense, automotive, power generation, oil & gas, construction, medical and transportation industry. Bodycote PLC is headquartered in Macclesfield, the United Kingdom. “

Shares of Bodycote Plc (BYPLF) traded up 1.67% during midday trading on Monday, hitting $12.20. 200 shares of the company’s stock were exchanged. Bodycote Plc has a 1-year low of $7.60 and a 1-year high of $12.20. The stock’s 50 day moving average is $12.03 and its 200-day moving average is $10.78. The stock has a market cap of $2.32 billion and a PE ratio of 23.24.

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