Bodycote (LON:BOY) Rating Reaffirmed
Stock analysts at RBC Capital Markets now has a GBX 730 target price per share on Bodycote (LON:BOY). RBC Capital Markets and their recent target price per share provides a potential upside of 36.45% from the company’s closing share price. The rating has been revealed to clients and investors in a note on Tuesday, 8 December.
From a total of 16 analysts covering Bodycote PLC (LON:BOY) stock, 12 rate it a ”Buy”, 1 a “Sell”, and 2 a ”Hold”. This means that 80% of the ratings are positive. The highest target price is GBX 785 while the lowest target price is GBX 500. The mean of all analyst targets is GBX 657.69 with a 24.57% above today’s (GBX 534) stock price. Bodycote PLC was the topic of 56 analyst reports since July 30, 2015 according to the firm StockzIntelligence Inc. FinnCap maintained shares on December 4 with “Hold” rating. Jefferies maintained shares with “Buy” rating and GBX 630 target share price in a report from a November 20. HSBC initiated BOY stock in a recent report from December 2 with “Buy” rating. Numis Securities upgraded the rating on November 18. Numis Securities has a “Buy” rating and a GBX 650 price target on shares. Finally, UBS maintained the stock with “Buy” rating in a report issued on a November 24.
Approximately 49,876 shares of stock traded hands. Bodycote PLC (LON:BOY) has declined 24.95% since May 11, 2015 and is downtrending. It has underperformed by 24.36% the S&P500.
Bodycote plc is a provider of thermal subcontract processing services. The company has a market cap of 1.03 billion GBP. The Company’s thermal processing services include heat treatments, metal joining, hot isostatic pressing and surface technology. It has 17.1 P/E ratio. The Firm has six operating divisions, split between ADE and AGI business areas: ADE–Western Europe; ADE–North America; ADE–Emerging markets; AGI–Western Europe; AGI–North America, and AGI–Emerging markets.