Several other research analysts have also commented on the company. JPMorgan Chase & Co. reissued an underweight rating and issued a GBX 500 ($6.19) price target on shares of Bodycote PLC in a research report on Monday, June 27th. Credit Suisse Group AG reissued an outperform rating on shares of Bodycote PLC in a research report on Monday, October 3rd. HSBC reissued a buy rating and issued a GBX 675 ($8.35) price target on shares of Bodycote PLC in a research report on Thursday, June 30th. Panmure Gordon reaffirmed a buy rating and set a GBX 685 ($8.48) target price on shares of Bodycote PLC in a research report on Tuesday, July 12th. Finally, Morgan Stanley upped their target price on Bodycote PLC from GBX 680 ($8.42) to GBX 720 ($8.91) and gave the company an overweight rating in a research report on Friday, August 5th. Four equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. The company presently has an average rating of Buy and an average price target of GBX 655.23 ($8.11).
Bodycote PLC (LON:BOY) opened at 630.00 on Wednesday. Bodycote PLC has a 1-year low of GBX 489.90 and a 1-year high of GBX 640.50. The stock has a 50 day moving average price of GBX 602.05 and a 200 day moving average price of GBX 590.94. The company’s market cap is GBX 1.20 billion.
The business also recently announced a dividend, which will be paid on Friday, November 4th. Stockholders of record on Thursday, October 6th will be paid a GBX 5 ($0.06) dividend. The ex-dividend date of this dividend is Thursday, October 6th. This represents a dividend yield of 0.84%.
In other news, insider Landless,David F sold 55,335 shares of the company’s stock in a transaction dated Monday, August 15th. The stock was sold at an average price of GBX 601 ($7.44), for a total value of £332,563.35 ($411,588.30).
About Bodycote PLC
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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