Bodycote revenues beat expectations, special dividend announced

8th Mar 2019 07:37

(Sharecast News) - Bodycote posted a 12% rise in full-year profit on Friday thanks to solid performances from its specialist technologies business, emerging markets and civil aviation, as it announced a special dividend.

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Friday preview: US February jobs report, SIG in focus

7th Mar 2019 15:58

(Sharecast News) - The US jobs market will hog the spotlight at the end of the week, barring surprises out of the US-China trade talks or around Brexit.

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Tuesday broker round-up

20th Nov 2018 14:00

(Sharecast News) - Coats: RBC Capital Markets initiates at outperform with a target price of 110p.

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RBC backs UK engineering, dismisses downturn concerns

20th Nov 2018 13:34

(Sharecast News) - Fears that the British engineering sector is facing a significant downturn have been overplayed, according to analysts at RBC Capital Markets, leaving a number of companies undervalued.

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Friday broker round-up

5th Oct 2018 13:40

(Sharecast News) - Intertek Group: Berenberg upgrades to buy with a target price of 5,500p.

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HSBC ups Bodycote to 'buy' from 'hold'

5th Oct 2018 10:09

(Sharecast News) - Bodycote rallied on Friday as HSBC upped its stance on the heat treatments supplier to 'buy' from 'hold' and lifted the price target 1,100p from 1,000, saying the growth profile, reduced cyclicality and cash profile are underappreciated.

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Liberum warns of looming capital goods correction, cuts Bodycote and IMI

6th Sep 2018 16:02

(Sharecast News) - A "sharp correction" is coming for the capital goods sector, broker Liberum warned on Thursday, leading it to downgrade engineering firms Bodycote and IMI.

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Tuesday broker round-up

14th Aug 2018 13:24

(Sharecast News) - Elementis: Berenberg upgrades to buy with a target price of 315p.

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Bodycote expects full-year results to be 'marginally ahead' of consensus

26th Jul 2018 09:22

(Sharecast News) - Heat treatment specialist Bodycote turned in a strong set of first-half results in its Thursday morning statement and took the opportunity to raise expectations for its full-year results.

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Merrill Lynch upgrades Spectris and Spirax, prefers Smiths Group

11th Jan 2017 11:40

(ShareCast News) - Engineering shares were boosted by a note from Bank of America Merill Lynch that upgraded Spectris and Spirax-Sarco Engineering but said Smiths Group was its preferred UK name in a sector where investors are looking to rotate towards cyclical stocks. While positive data indicators

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Favourable forex pushes Bodycote revenues higher

18th Nov 2016 07:25

(ShareCast News) - Bodycote issued a trading update for the period from 1 July to 31 October on Friday, with group revenue 12.7% higher than the same period last year and 3.1% lower at constant exchange rates, against somewhat weak comparables. The FTSE 250 company said several new sites were acquir

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Wednesday broker round-up

26th Oct 2016 17:40

(ShareCast News) - FirstGroup: Goldman Sachs keeps at buy with a target price of 168p. Esure: Berenberg stays at sell, 238p target. Anglo American: Deutsche Bank reiterates hold with a 965p target. Intertek: UBS reiterates buy with a 4100p target. Sainsbury: Goldman Sachs reiterates sell with a 1

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Bodycote appoints Dominique Yates as group finance director

12th Oct 2016 07:43

(ShareCast News) - Bodycote has appointed Dominique Yates as group finance director designate and executive director with effect from 2 January 2017. He will succeed David Landless, who announced his intention to retire from the board in February after 17 years with the company. Landless will remain

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Bodycote names new non-executive director

13th Sep 2016 07:06

(ShareCast News) - Bodycote appointed Patrick Larmon to its board as an independent non-executive Director, effective 13 September, and as a member of its audit, remuneration and nomination committees. Since 2004, Larmon had been an executive director at Bunzl, and first president of its North Ameri

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JPMorgan Cazenove lifts Bodycote to Neutral, hikes target price

22nd Aug 2016 15:56

(ShareCast News) - JPMorgan Cazenonve has upgraded Bodycote to Neutral, from Underweight, and hiked its target price on the stock. It remains Overweight on GKN, Oxford Instruments, Smiths and Spirax-Sarco, and Underweight on Fenner and Weir. The brokerage said first-half 2016 for UK Capital Goods s

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