Bodycote (LON:BOY) had its price target trimmed by Barclays from GBX 910 ($11.97) to GBX 670 ($8.81) in a report released on Wednesday, Stock Target Advisor reports. The brokerage currently has an equal weight rating on the stock.

A number of other equities analysts also recently commented on BOY. Peel Hunt reiterated a buy rating on shares of Bodycote in a report on Thursday, March 12th. Liberum Capital restated a hold rating on shares of Bodycote in a report on Thursday, March 12th. Royal Bank of Canada downgraded shares of Bodycote to a sector performer rating and upped their price objective for the company from GBX 930 ($12.23) to GBX 1,000 ($13.15) in a report on Friday, January 17th. Goldman Sachs Group upped their price objective on shares of Bodycote from GBX 700 ($9.21) to GBX 720 ($9.47) and gave the company a sell rating in a report on Monday, January 13th. Finally, JPMorgan Chase & Co. downgraded shares of Bodycote to an underweight rating and upped their price objective for the company from GBX 750 ($9.87) to GBX 775 ($10.19) in a report on Monday, December 9th. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating to the company’s stock. The company currently has a consensus rating of Hold and an average price target of GBX 771.79 ($10.15).

LON:BOY traded up GBX 46 ($0.61) during mid-day trading on Wednesday, reaching GBX 479 ($6.30). The company’s stock had a trading volume of 664,506 shares, compared to its average volume of 483,340. Bodycote has a 1 year low of GBX 636.50 ($8.37) and a 1 year high of GBX 975 ($12.83). The stock has a fifty day moving average of GBX 760.43 and a 200-day moving average of GBX 801.62. The firm has a market capitalization of $917.07 million and a PE ratio of 9.14. The company has a quick ratio of 0.83, a current ratio of 0.92 and a debt-to-equity ratio of 17.82.

The firm also recently declared a dividend, which will be paid on Friday, June 5th. Investors of record on Thursday, April 23rd will be issued a GBX 14 ($0.18) dividend. This represents a yield of 2.6%. The ex-dividend date is Thursday, April 23rd. This is an increase from Bodycote’s previous dividend of $6.00. Bodycote’s dividend payout ratio is 0.36%.

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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