Bodycote plc (LON:BOY - Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 577.51 ($7.80) and traded as high as GBX 636.50 ($8.59). Bodycote shares last traded at GBX 634.50 ($8.57), with a volume of 330,196 shares trading hands.
Wall Street Analyst Weigh In
A number of equities analysts recently issued reports on BOY shares. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a GBX 700 target price on shares of Bodycote in a research report on Thursday, July 31st. Berenberg Bank restated a "buy" rating and issued a GBX 800 target price on shares of Bodycote in a research note on Wednesday, July 30th. JPMorgan Chase & Co. restated a "neutral" rating on shares of Bodycote in a research note on Monday, August 4th. Finally, Royal Bank Of Canada boosted their target price on shares of Bodycote from GBX 650 to GBX 775 and gave the company an "outperform" rating in a research note on Thursday, July 31st. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, Bodycote presently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 758.33.
View Our Latest Analysis on BOY
Bodycote Trading Up 1.3%
The firm has a fifty day moving average price of GBX 607.65 and a 200 day moving average price of GBX 577.51. 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 £1.15 billion, a price-to-earnings ratio of 19.33, a P/E/G ratio of 1.44 and a beta of 1.18.
Bodycote (LON:BOY - Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The company reported GBX 21.30 earnings per share for the quarter. Bodycote had a return on equity of 8.14% and a net margin of 8.01%. As a group, equities analysts predict that Bodycote plc will post 54.0540541 EPS for the current fiscal year.
About Bodycote
(
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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.
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