London: Bodycote (LON:BOY) Stock Has Just Had Its “Buy” Rating Reiterated by Jefferies. Shares now Have a GBX 630 Target

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Bodycote (LON:BOY) Rating Reaffirmed

London: In an interesting research report revealed to investors and clients on 17 December, Jefferies has restated their “Buy” rating on Bodycote (LON:BOY) shares. They now have a GBX 630 target on the company. Jefferies’s target gives a potential upside of 13.62% from the company’s last stock price.

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 650.81 with a 17.12% above today’s (GBX 560.5) stock price. Bodycote PLC was the topic of 58 analyst reports since July 30, 2015 according to the firm StockzIntelligence Inc. RBC Capital Markets maintained shares on December 15 with “Sector Perform” rating. Jefferies maintained shares with “Buy” rating and GBX 630 target share price in a report from a November 20. JP Morgan maintained BOY stock in a recent report from December 4 with “Underweight” 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 63,875 shares of stock traded hands. Bodycote PLC (LON:BOY) has declined 25.60% since May 20, 2015 and is downtrending. It has underperformed by 23.33% the S&P500.

London: Bodycote (LON:BOY) Stock Has Just Had Its

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 17.94 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.

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