Royal Bank of Canada reiterated their outperform rating on shares of Bodycote (LON:BOY) in a research note issued to investors on Friday morning, ThisIsMoney.Co.Uk reports.

Several other research analysts have also issued reports on BOY. Goldman Sachs Group lowered EXPERIAN PLC/ADR from a buy rating to a neutral rating in a research report on Wednesday, July 10th. Credit Suisse Group began coverage on Yunji in a research report on Wednesday, July 3rd. They set an outperform rating and a $14.50 target price for the company. Berenberg Bank lowered JERONIMO MARTIN/ADR from a buy rating to a hold rating in a research report on Monday, July 22nd. Liberum Capital restated a buy rating on shares of Burford Capital in a research report on Thursday, July 25th. Finally, Deutsche Bank restated a buy rating and set a $18.00 target price on shares of STMicroelectronics in a research report on Monday, April 15th. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating and six have issued a buy rating to the stock. Bodycote currently has a consensus rating of Hold and an average price target of GBX 874.23 ($11.42).

Shares of LON:BOY opened at GBX 752 ($9.83) on Friday. Bodycote has a 1 year low of GBX 673 ($8.79) and a 1 year high of GBX 1,054 ($13.77). The company’s 50 day simple moving average is GBX 793.04. The stock has a market capitalization of $1.44 billion and a price-to-earnings ratio of 13.87. The company has a quick ratio of 1.05, a current ratio of 1.19 and a debt-to-equity ratio of 0.32.

The business also recently declared a dividend, which will be paid on Friday, November 8th. Stockholders of record on Thursday, October 10th will be paid a dividend of GBX 6 ($0.08) per share. This represents a dividend yield of 0.8%. The ex-dividend date is Thursday, October 10th. Bodycote’s dividend payout ratio is presently 0.35%.

About Bodycote

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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Analyst Recommendations for Bodycote (LON:BOY)

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