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

Key Points

• Analysts rate Bodycote “Moderate Buy,” with three buy ratings and three holds. The average 12-month price target is GBX 881.33, below the stock’s GBX 916 opening price.
• Recent targets range from GBX 900 to GBX 960, including upgraded price objectives from Royal Bank of Canada and Berenberg Bank, though both maintained non-buy ratings.
• Bodycote has a £1.55 billion market capitalization and trades near its 52-week high of GBX 967.50. It reported quarterly EPS of GBX 18.10, while analysts expect full-year EPS of GBX 54.05.

Bodycote plc (LON:BOY - Get Free Report) has been given a consensus rating of "Moderate Buy" by the six research firms that are covering the stock, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is GBX 881.33.

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

Bodycote Stock Performance

BOY opened at GBX 916 on Wednesday. The company has a debt-to-equity ratio of 35.03, a current ratio of 1.12 and a quick ratio of 0.74. The business has a fifty day simple moving average of GBX 924.72 and a 200 day simple moving average of GBX 775.20. Bodycote has a 1 year low of GBX 585 and a 1 year high of GBX 967.50. The company has a market capitalization of £1.55 billion, a PE ratio of 27.26, 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 earnings per share for the quarter. Bodycote had a return on equity of 9.30% and a net margin of 7.87%. Research analysts expect that Bodycote will post 54.05 EPS for the current 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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