Zacks Investment Research Upgrades Bodycote (BYPLF) to Buy

Bodycote (OTCMKTS:BYPLF) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued on Wednesday, January 17th. The brokerage presently has a $14.00 price target on the stock. Zacks Investment Research‘s price objective suggests a potential upside of 2.94% from the company’s previous close.

According to Zacks, “Bodycote PLC provides thermal processing services through heat treatment, metal joining, surface technology and Hot Isostatic Pressing. It serves aerospace, defense, automotive, power generation, oil & gas, construction, medical and transportation industry. Bodycote PLC is headquartered in Macclesfield, the United Kingdom. “

Shares of Bodycote (OTCMKTS:BYPLF) remained flat at $$13.60 during trading hours on Wednesday. Bodycote has a 12-month low of $8.65 and a 12-month high of $13.60.

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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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