Bodycote plc (LON:BOY) Stock Has Average Price Target of GBX 881.33

Key Points

• Bodycote has a “Moderate Buy” consensus from six analysts, split between three buy and three hold ratings, with an average 12-month price target of GBX 881.33.
• Recent broker updates generally maintained positive or neutral views, with price targets ranging from GBX 900 to GBX 960; RBC raised its target to GBX 950.
• The stock opened at GBX 910.50, near its GBX 967.50 52-week high, while the company reported quarterly EPS of GBX 18.10 and analysts expect full-year EPS of approximately GBX 54.05.

Bodycote plc (LON:BOY - Get Free Report) has been given a consensus recommendation of "Moderate Buy" by the six research firms that are presently covering the firm, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is GBX 881.33.

A number of brokerages recently issued reports on BOY. Royal Bank Of Canada raised their target price on shares of Bodycote from GBX 750 to GBX 950 and gave the stock a "sector perform" rating in a research report on Thursday, August 6th. Berenberg Bank boosted their price target on Bodycote from GBX 900 to GBX 933 and gave the company a "hold" rating in a report on Friday, September 4th. Jefferies Financial Group reissued a "buy" rating and set a GBX 900 price target on shares of Bodycote in a research note on Wednesday, July 29th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a GBX 960 price objective on shares of Bodycote in a research report on Thursday, August 6th.

Bodycote Stock Performance

LON BOY opened at GBX 910.50 on Friday. The company has a quick ratio of 0.74, a current ratio of 1.12 and a debt-to-equity ratio of 35.03. Bodycote has a fifty-two week low of GBX 585 and a fifty-two week high of GBX 967.50. The business has a fifty day moving average of GBX 899.19 and a 200-day moving average of GBX 765.20. The stock has a market cap of £1.54 billion, a price-to-earnings ratio of 27.10, a price-to-earnings-growth ratio of 1.44 and a beta of 1.35.

Bodycote (LON:BOY - Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The company reported GBX 18.10 EPS for the quarter. Bodycote had a return on equity of 9.30% and a net margin of 7.87%. As a group, analysts predict 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.

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