Several other research analysts have also weighed in on the stock. Canaccord Genuity upped their price objective on shares of Bodycote PLC from GBX 660 ($8.62) to GBX 680 ($8.88) and gave the company a buy rating in a research note on Thursday, September 1st. JPMorgan Chase & Co. upgraded shares of Bodycote PLC to a neutral rating and increased their price target for the stock from GBX 565 ($7.38) to GBX 605 ($7.90) in a research note on Monday, August 22nd. HSBC restated a buy rating and set a GBX 675 ($8.81) price target on shares of Bodycote PLC in a research note on Tuesday, August 16th. Numis Securities Ltd restated an add rating and set a GBX 650 ($8.48) price target on shares of Bodycote PLC in a research note on Friday, August 12th. Finally, Morgan Stanley increased their price target on shares of Bodycote PLC from GBX 680 ($8.88) to GBX 720 ($9.40) and gave the stock an overweight rating in a research note on Friday, August 5th. Four equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. Bodycote PLC presently has a consensus rating of Buy and a consensus target price of GBX 651 ($8.50).
Shares of Bodycote PLC (LON:BOY) opened at 614.00 on Monday. The stock has a 50 day moving average of GBX 598.43 and a 200 day moving average of GBX 590.48. The company’s market cap is GBX 1.17 billion. Bodycote PLC has a 52-week low of GBX 489.90 and a 52-week high of GBX 624.00.
The business also recently declared a dividend, which will be paid on Friday, November 4th. Shareholders of record on Thursday, October 6th will be issued a GBX 5 ($0.07) dividend. This represents a yield of 0.84%. The ex-dividend date of this dividend is Thursday, October 6th.
In other Bodycote PLC news, insider Landless,David F sold 55,335 shares of the stock in a transaction on Monday, August 15th. The shares were sold at an average price of GBX 601 ($7.84), for a total value of £332,563.35 ($434,099.14).
Bodycote PLC Company Profile
Bodycote plc is a provider of thermal processing services. The Company has six 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.
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