Bodycote’s (BOY) “Buy” Rating Reaffirmed at Berenberg Bank

Bodycote (LON:BOY)‘s stock had its “buy” rating reissued by analysts at Berenberg Bank in a research report issued to clients and investors on Monday, MarketBeat.com reports. They presently have a GBX 800 ($10.36) price target on the stock. Berenberg Bank’s price objective points to a potential upside of 40.60% from the stock’s current price.

Bodycote Price Performance

BOY stock opened at GBX 569 ($7.37) on Monday. The company has a quick ratio of 0.74, a current ratio of 0.81 and a debt-to-equity ratio of 20.84. The firm has a market cap of £1.02 billion, a price-to-earnings ratio of 17.12, a PEG ratio of 1.44 and a beta of 1.18. The company’s fifty day simple moving average is GBX 635.37 and its 200 day simple moving average is GBX 617.13. Bodycote has a 12-month low of GBX 520 ($6.73) and a 12-month high of GBX 774 ($10.02).

Bodycote Company Profile

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.