Bodycote's (BOY) Buy Rating Reaffirmed at Deutsche Bank Aktiengesellschaft

Key Points

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Deutsche Bank Aktiengesellschaft reaffirmed their buy rating on shares of Bodycote (LON:BOY - Free Report) in a research report released on Thursday morning, Marketbeat.com reports. Deutsche Bank Aktiengesellschaft currently has a GBX 700 ($9.30) target price on the stock.

Separately, Royal Bank Of Canada boosted their target price on Bodycote from GBX 650 ($8.64) to GBX 775 ($10.30) and gave the company an "outperform" rating in a research report on Thursday.

Bodycote Trading Up 0.8%

Shares of BOY stock traded up GBX 5 ($0.07) during mid-day trading on Thursday, hitting GBX 632 ($8.40). The company's stock had a trading volume of 189,340 shares, compared to its average volume of 503,842. The company's fifty day simple moving average is GBX 582.07 and its 200-day simple moving average is GBX 577.01. Bodycote has a 52 week low of GBX 449.40 ($5.97) and a 52 week high of GBX 701 ($9.32). The company has a debt-to-equity ratio of 20.84, a quick ratio of 0.74 and a current ratio of 0.81. The company has a market cap of £1.13 billion, a PE ratio of 19.02, a P/E/G ratio of 1.44 and a beta of 1.18.

Bodycote (LON:BOY - Get Free Report) last issued its earnings results on Wednesday, July 30th. The company reported GBX 21.30 ($0.28) EPS for the quarter. Bodycote had a return on equity of 8.14% and a net margin of 8.01%. As a group, equities research analysts expect that Bodycote will post 54.0540541 earnings per share for the current fiscal year.

Bodycote Company Profile

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.