Goldman Sachs Group reaffirmed their sell rating on shares of Bodycote (LON:BOY) in a research note published on Wednesday morning, ThisIsMoney.Co.Uk reports.
A number of other research firms have also weighed in on BOY. UBS Group reaffirmed a buy rating and issued a $25.00 price objective on shares of Infineon Technologies in a research note on Tuesday, May 7th. Peel Hunt reaffirmed a buy rating on shares of Lookers in a research note on Monday. Numis Securities reaffirmed a buy rating on shares of 3i Group in a research note on Thursday, May 16th. Berenberg Bank set a €126.00 ($146.51) price objective on Nemetschek and gave the stock a neutral rating in a research note on Thursday, March 21st. Finally, Deutsche Bank reaffirmed a buy rating and issued a $18.00 price objective on shares of STMicroelectronics in a research note on Monday, April 15th. Three analysts have rated the stock with a sell rating, seven have given a hold rating and six have issued a buy rating to the company. Bodycote presently has a consensus rating of Hold and a consensus target price of GBX 898.85 ($11.75).
Shares of LON BOY traded down GBX 8 ($0.10) during mid-day trading on Wednesday, reaching GBX 759.50 ($9.92). The company’s stock had a trading volume of 216,836 shares, compared to its average volume of 483,340. The company has a market cap of $1.45 billion and a price-to-earnings ratio of 14.01. The company has a quick ratio of 1.05, a current ratio of 1.19 and a debt-to-equity ratio of 0.32. The firm’s fifty day simple moving average is GBX 799.53. Bodycote has a 52 week low of GBX 673 ($8.79) and a 52 week high of GBX 1,056 ($13.80).
Bodycote plc provides thermal processing services worldwide. The company operates in two business areas, Aerospace, Defence & Energy; and Automotive & General Industrial. 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, and vacuum and honeycomb brazing; and Hot isostatic pressing (HIP) services, including HIP product fabrication, isostatic pressing, and HIP supporting services.
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