Bodycote (BOY) Given Buy Rating at Jefferies Financial Group

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Jefferies Financial Group restated their buy rating on shares of Bodycote (LON:BOY) in a research note released on Tuesday. They currently have a GBX 1,180 ($15.22) price target on the stock.

Other research analysts have also recently issued research reports about the stock. Liberum Capital restated a buy rating on shares of Bodycote in a report on Wednesday, May 30th. Peel Hunt restated a buy rating on shares of Bodycote in a report on Wednesday, May 30th. Berenberg Bank restated a buy rating and set a GBX 1,100 ($14.19) price objective on shares of Bodycote in a report on Monday, July 2nd. UBS Group restated a buy rating on shares of Bodycote in a report on Monday, July 30th. Finally, Deutsche Bank restated a hold rating on shares of Bodycote in a report on Friday, July 27th. Two analysts have rated the stock with a sell rating, five have given a hold rating and nine have issued a buy rating to the stock. The stock currently has an average rating of Hold and an average price target of GBX 993.21 ($12.81).

Shares of LON BOY opened at GBX 900.50 ($11.62) on Tuesday. The company has a market cap of $1.78 billion and a P/E ratio of 1,864.58. Bodycote has a 52-week low of GBX 728.50 ($9.40) and a 52-week high of GBX 1,043 ($13.45).

The business also recently declared a dividend, which will be paid on Friday, November 2nd. Stockholders of record on Thursday, October 4th will be issued a GBX 5.70 ($0.07) dividend. This represents a dividend yield of 0.55%. The ex-dividend date of this dividend is Thursday, October 4th.

Bodycote Company Profile

Bodycote plc provides thermal processing services worldwide. The company operates in two business areas, Aerospace, Defence & Energy; and Automotive & General Industrial. It offers heat treatment services, including altering the microstructure of metals and alloys, such as steel and aluminum to impart properties comprising surface hardness, temperature resistance, ductility, and strength; metal joining services consisting of electron beam welding, and vacuum and honeycomb brazing; and Hot isostatic pressing (HIP) services, including HIP product fabrication, isostatic pressing, and HIP supporting services.

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Analyst Recommendations for Bodycote (LON:BOY)

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