Today: The Bodycote PLC (BOY) Stock Rating Reaffirmed by Canaccord Genuity

The Bodycote PLC (BOY) Stock Rating Reaffirmed by Canaccord Genuity

Bodycote PLC (LON:BOY)‘s stock had its “buy” rating restated by research analysts at Canaccord Genuity in a report issued on Wednesday. They presently have a GBX 680 ($8.42) target price on the stock. Canaccord Genuity’s price target points to a potential upside of 9.59% from the company’s current price.

A number of other brokerages also recently weighed in on BOY. N+1 Singer increased their price target on shares of Bodycote PLC from GBX 635 ($7.86) to GBX 690 ($8.54) and gave the company a “buy” rating in a report on Wednesday. Credit Suisse Group AG reaffirmed an “outperform” rating and set a GBX 680 ($8.42) price objective on shares of Bodycote PLC in a report on Thursday, August 11th. Numis Securities Ltd reaffirmed an “add” rating and set a GBX 650 ($8.04) price objective on shares of Bodycote PLC in a report on Friday, August 12th. HSBC reaffirmed a “buy” rating and set a GBX 675 ($8.35) price objective on shares of Bodycote PLC in a report on Tuesday, August 16th. Finally, Panmure Gordon reaffirmed a “buy” rating and set a GBX 685 ($8.48) price objective on shares of Bodycote PLC in a report on Friday, July 29th. Four equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of GBX 655.23 ($8.11).

Bodycote PLC (LON:BOY) traded up 1.13% during mid-day trading on Wednesday, reaching GBX 627.50. 259,041 shares of the company’s stock traded hands. Bodycote PLC has a 52-week low of GBX 489.90 and a 52-week high of GBX 640.50. The company’s market capitalization is GBX 1.19 billion. The company has a 50-day moving average of GBX 601.27 and a 200-day moving average of GBX 590.68.

The company also recently declared a dividend, which will be paid on Friday, November 4th. Investors of record on Thursday, October 6th will be issued a dividend of GBX 5 ($0.06) per share. This represents a yield of 0.84%. The ex-dividend date is Thursday, October 6th.

In other Bodycote PLC news, insider Landless,David F sold 55,335 shares of the firm’s stock in a transaction dated Monday, August 15th. The shares were sold at an average price of GBX 601 ($7.44), for a total value of £332,563.35 ($411,588.30).

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