Bodycote (LON:BOY) Rating Reaffirmed
Recently, In an analyst note issued to clients and investors on Monday, 30 November, Bodycote (LON:BOY) shares have had their Sector Perform Rating has reaffirmed by research analysts at RBC Capital Markets, who currently has a GBX 730 target on company. This target by RBC Capital Markets indicates the possibile upside of 30.01% from the previous close.
From a total of 15 analysts covering Bodycote PLC (LON:BOY) stock, 9 rate it a ”Buy”, 2 a “Sell”, and 4 a ”Hold”. This means that 60% of the ratings are positive. The highest target price is GBX 800 while the lowest target price is GBX 520. The mean of all analyst targets is GBX 665.87 with a 18.68% above today’s (GBX 561.04) stock price. Bodycote PLC was the topic of 52 analyst reports since July 30, 2015 according to the firm StockzIntelligence Inc. UBS maintained shares on November 24 with “Buy” rating. J.P. Morgan maintained shares with “Underweight” rating and GBX 520 target share price in a report from a November 17. FinnCap downgraded BOY stock in a recent report from November 20 to “Hold” rating. Credit Suisse maintained the rating on November 17. Credit Suisse has a “Outperform” rating and a GBX 620 price target on shares. Finally, JP Morgan maintained the stock with “Underweight” rating in a report issued on a November 18.
Approximately 32,669 shares of stock traded hands. Bodycote PLC (LON:BOY) has declined 19.02% since May 1, 2015 and is downtrending. It has underperformed by 18.13% the S&P500.
Bodycote plc is a provider of thermal subcontract processing services. The company has a market cap of 1.07 billion GBP. The Company’s thermal processing services include heat treatments, metal joining, hot isostatic pressing and surface technology. It has 17.96 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.