Bodycote’s (BOY) “Buy” Rating Reiterated at Peel Hunt
Peel Hunt restated their buy rating on shares of Bodycote (LON:BOY) in a report issued on Monday, ThisIsMoney.Co.Uk reports.
BOY has been the topic of a number of other research reports. Royal Bank of Canada set a €21.50 ($25.00) price target on GEA Group Aktiengesellschaft and gave the stock a neutral rating in a research report on Thursday, March 14th. Credit Suisse Group initiated coverage on Yunji in a research report on Wednesday, July 3rd. They issued an outperform rating and a $14.50 target price on the stock. JPMorgan Chase & Co. set a GBX 4,000 ($52.27) target price on British American Tobacco Plc Ads and gave the company a buy rating in a research report on Monday, March 11th. Deutsche Bank restated a buy rating and issued a $18.00 target price on shares of STMicroelectronics in a research report on Monday, April 15th. Finally, Morgan Stanley raised their target price on Intact Financial from C$125.00 to C$128.00 in a research report on Thursday, May 30th. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have assigned a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus target price of GBX 898.85 ($11.75).
Shares of BOY stock opened at GBX 767.50 ($10.03) on Monday. The stock has a market capitalization of $1.45 billion and a P/E ratio of 14.16. The business’s 50 day simple moving average is GBX 799.01. The company has a quick ratio of 1.05, a current ratio of 1.19 and a debt-to-equity ratio of 0.32. Bodycote has a 12-month low of GBX 673 ($8.79) and a 12-month high of GBX 1,056 ($13.80).
Bodycote plc provides thermal processing services worldwide. The company operates in two business areas, Aerospace, Defence & Energy; and Automotive & General Industrial. It offers heat treatment services, including altering the microstructure of metals and alloys, such as steel and aluminum to impart properties comprising surface hardness, temperature resistance, ductility, and strength; metal joining services consisting of electron beam welding, and vacuum and honeycomb brazing; and Hot isostatic pressing (HIP) services, including HIP product fabrication, isostatic pressing, and HIP supporting services.
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