Bodycote (BOY) Receives “Hold” Rating from Numis Securities

Numis Securities reiterated their hold rating on shares of Bodycote (LON:BOY) in a research note released on Tuesday. They currently have a GBX 925 ($12.45) price objective on the stock.

Other equities research analysts have also recently issued reports about the company. Peel Hunt reiterated a buy rating and issued a GBX 965 ($12.99) price target on shares of Bodycote in a research note on Tuesday, October 31st. Beaufort Securities restated a buy rating on shares of Bodycote in a research note on Friday, October 27th. Liberum Capital restated a buy rating and set a GBX 1,025 ($13.80) target price (up from GBX 910 ($12.25)) on shares of Bodycote in a research note on Thursday, October 26th. Deutsche Bank restated a buy rating and set a GBX 990 ($13.32) target price on shares of Bodycote in a research note on Friday, October 13th. Finally, Berenberg Bank began coverage on Bodycote in a research note on Wednesday, September 6th. They set a hold rating and a GBX 910 ($12.25) target price for the company. One analyst has rated the stock with a sell rating, five have given a hold rating and seven have given a buy rating to the company’s stock. The stock has an average rating of Hold and an average price target of GBX 894.17 ($12.03).

Shares of Bodycote (BOY) traded up GBX 7.50 ($0.10) during mid-day trading on Tuesday, hitting GBX 870.50 ($11.72). The company had a trading volume of 150,333 shares, compared to its average volume of 379,578. Bodycote has a fifty-two week low of GBX 577 ($7.77) and a fifty-two week high of GBX 980 ($13.19).

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About Bodycote

Bodycote plc is a provider of thermal processing services. The Company has six operating segments, split between Aerospace, Defense and Energy (ADE) and Automotive and General Industrial (AGI) business areas: ADE-Western Europe; ADE-North America; ADE-Emerging markets; AGI-Western Europe; AGI-North America, and AGI-Emerging markets.

Analyst Recommendations for Bodycote (LON:BOY)

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