Bodycote’s (BOY) Buy Rating Reiterated at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reissued their buy rating on shares of Bodycote (LON:BOY) in a research report sent to investors on Wednesday morning,Digital Look reports. Deutsche Bank Aktiengesellschaft currently has a GBX 960 price objective on the stock.

BOY has been the topic of several other reports. Royal Bank Of Canada reissued a “sector perform” rating and set a GBX 750 price objective on shares of Bodycote in a research report on Wednesday. Berenberg Bank reiterated a “buy” rating and set a GBX 900 price target on shares of Bodycote in a report on Wednesday. Finally, Jefferies Financial Group reiterated a “buy” rating and set a GBX 900 price target on shares of Bodycote in a report on Wednesday. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of GBX 842.50.

Bodycote Stock Performance

Shares of BOY opened at GBX 722.50 on Wednesday. The company has a quick ratio of 0.74, a current ratio of 1.12 and a debt-to-equity ratio of 35.03. The business’s 50 day moving average price is GBX 713.69 and its 200-day moving average price is GBX 713.25. Bodycote has a 52 week low of GBX 585 and a 52 week high of GBX 850. The stock has a market cap of £1.23 billion, a P/E ratio of 23.31, a P/E/G ratio of 1.44 and a beta of 1.35.

Bodycote (LON:BOY) last posted its quarterly earnings results on Tuesday, July 28th. The company reported GBX 18.10 earnings per share for the quarter. Bodycote had a return on equity of 9.30% and a net margin of 7.87%. Equities research analysts anticipate that Bodycote will post 54.0540541 earnings per share for the current fiscal year.

About Bodycote

The leading provider of heat treatment and specialist thermal processing services worldwide.

Heat treatment encompasses a variety of techniques and specialist engineering processes which improve the properties of metals and alloys and extend the life of components and is a vital part of any manufacturing process.

Bodycote is uniquely placed via our global network and the experience and knowledge of our people to offer high quality, reliable and cost-effective services to manufacturers whatever their size or market sector.