Bodycote (LON:BOY) Earns “Underweight” Rating from JPMorgan Chase & Co.

JPMorgan Chase & Co. restated their underweight rating on shares of Bodycote (LON:BOYGet Rating) in a research report released on Monday, MarketBeat reports. They currently have a GBX 575 ($6.80) price target on the stock.

Separately, Barclays reissued an equal weight rating and issued a GBX 595 ($7.04) target price on shares of Bodycote in a research note on Tuesday, August 9th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of Hold and an average target price of GBX 748 ($8.84).

Bodycote Trading Up 0.8 %

BOY stock opened at GBX 601 ($7.11) on Monday. The company has a current ratio of 0.83, a quick ratio of 0.74 and a debt-to-equity ratio of 21.36. Bodycote has a 12-month low of GBX 452.40 ($5.35) and a 12-month high of GBX 915.50 ($10.83). The stock has a market cap of £1.15 billion and a price-to-earnings ratio of 1,878.13. The business’s 50-day moving average is GBX 521.75 and its 200 day moving average is GBX 560.34.

Bodycote Company Profile

(Get Rating)

Bodycote plc provides heat treatment and thermal processing services worldwide. The company operates in two Aerospace, Defence & Energy; and Automotive & General Industrial segments. 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, HIP diffusion bonding, hydrogen brazing, induction brazing, and vacuum and honeycomb brazing; and hot isostatic pressing (HIP) services, including isostatic pressing and HIP supporting services, as well as Powdermet technology, a manufacturing process used in the production of complex components using powder metallurgy.

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