Bodycote PLC (LON:BOY) Rating Reaffirmed
They currently have a GBX 500.00 Estimated Target Price on Bodycote PLC (LON:BOY). The target price by JP Morgan Cazenove would suggest a potential downside of -10.47% from the company’s stock close price. This has been shown in a note on 4 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 520. The mean of all analyst targets is GBX 658.94 with a 19.10% above today’s (GBX 558.5) stock price. Bodycote PLC was the topic of 55 analyst reports since July 30, 2015 according to the firm StockzIntelligence Inc. JP Morgan maintained shares on December 4 with “Underweight” rating. FinnCap downgraded shares to “Hold” rating and GBX 583 target share price in a report from a November 20. RBC Capital Markets maintained BOY stock in a recent report from November 30 with “Sector Perform” rating. Numis Securities upgraded the rating on November 18. Numis Securities has a “Buy” rating and a GBX 650 price target on shares. Finally, Jefferies maintained the stock with “Buy” rating in a report issued on a November 20.
The stock closed the day at GBX 558.5 during the previous session. It is down 19.81% since May 7, 2015 and is downtrending. It has underperformed by 17.03% 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 17.88 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.