Barclays Upgrades Bodycote (OTCMKTS:BYPLF) to “Hold”

Bodycote (OTCMKTS:BYPLF) was upgraded by analysts at Barclays to a “hold” rating in a research note issued to investors on Friday, Zacks.com reports.

Separately, Royal Bank of Canada upgraded Bodycote to a “hold” rating in a research note on Wednesday, July 31st.

Bodycote Price Performance

OTCMKTS:BYPLF opened at $9.28 on Friday. Bodycote has a fifty-two week low of $9.01 and a fifty-two week high of $9.28. The company has a 50 day moving average price of $8.98 and a 200 day moving average price of $8.46.

About Bodycote

Bodycote plc provides heat treatment and thermal processing services worldwide. It operates in two Aerospace, Defence & Energy; and Automotive & General Industrial segments. The company 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.