Shares of Bodycote plc (LON:BOY - Get Free Report) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 957 and last traded at GBX 955.50, with a volume of 1577320 shares trading hands. The stock had previously closed at GBX 913.
Analyst Upgrades and Downgrades
BOY has been the subject of a number of recent research reports. Berenberg Bank reissued a "buy" rating and set a GBX 900 price objective on shares of Bodycote in a report on Thursday, August 6th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a GBX 960 target price on shares of Bodycote in a research report on Thursday, August 6th. Jefferies Financial Group reiterated a "buy" rating and set a GBX 900 price target on shares of Bodycote in a report on Wednesday, July 29th. Finally, Royal Bank Of Canada increased their price target on Bodycote from GBX 750 to GBX 950 and gave the company a "sector perform" rating in a research report on Thursday, August 6th. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of GBX 875.83.
View Our Latest Stock Report on Bodycote
Bodycote Stock Up 4.6%
The company has a current ratio of 1.12, a quick ratio of 0.74 and a debt-to-equity ratio of 35.03. The firm has a market capitalization of £1.62 billion, a P/E ratio of 28.42, a P/E/G ratio of 1.44 and a beta of 1.35. The stock's 50-day simple moving average is GBX 770.57 and its 200-day simple moving average is GBX 733.44.
Bodycote (LON:BOY - Get Free Report) last posted its earnings results on Tuesday, July 28th. The company reported GBX 18.10 EPS for the quarter. Bodycote had a net margin of 7.87% and a return on equity of 9.30%. As a group, research analysts predict that Bodycote plc will post 54.0540541 earnings per share for the current fiscal year.
Bodycote Company Profile
(
Get Free Report)
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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