Today, Bodycote PLC (BOY) Receives Buy Rating from Beaufort Securities

Today, Bodycote PLC (BOY) Receives Buy Rating from Beaufort Securities

Bodycote PLC (LON:BOY)‘s stock had its “buy” rating reissued by analysts at Beaufort Securities in a research note issued to investors on Monday.

A number of other equities research analysts have also recently commented on BOY. JPMorgan Chase & Co. raised their target price on shares of Bodycote PLC from GBX 500 ($6.25) to GBX 565 ($7.06) and gave the stock an “underweight” rating in a research note on Friday, July 29th. Panmure Gordon restated a “buy” rating and set a GBX 685 ($8.56) target price on shares of Bodycote PLC in a research note on Friday, July 29th. Numis Securities Ltd cut shares of Bodycote PLC to an “add” rating and set a GBX 655 ($8.18) price objective on the stock. in a research report on Friday, July 29th. Royal Bank Of Canada lifted their price objective on shares of Bodycote PLC from GBX 550 ($6.87) to GBX 590 ($7.37) and gave the company a “sector performer” rating in a research report on Monday, August 1st. Finally, Morgan Stanley lifted their price objective on shares of Bodycote PLC from GBX 680 ($8.50) to GBX 720 ($9.00) and gave the company an “overweight” rating in a research report on Friday, August 5th. Four research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. Bodycote PLC presently has a consensus rating of “Buy” and a consensus price target of GBX 660.57 ($8.25).

Shares of Bodycote PLC (LON:BOY) remained flat at GBX 580.50 during midday trading on Monday. 214,346 shares of the company’s stock traded hands. The stock’s 50-day moving average is GBX 597.92 and its 200-day moving average is GBX 589.58. Bodycote PLC has a one year low of GBX 493.30 and a one year high of GBX 644.50. The company’s market capitalization is GBX 1.10 billion.

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