Bernstein Positive On Methanex (NDAQ:MEOH) with $36.00 Target; Bodycote PLC (LON:BOY) Covered By 15 Bulls

May 11, 2017 - By Peter Erickson

Among 20 analysts covering Bodycote PLC (LON:BOY), 15 have Buy rating, 2 Sell and 3 Hold. Therefore 75% are positive. Bodycote PLC had 126 analyst reports since July 30, 2015 according to SRatingsIntel. The stock of Bodycote PLC (LON:BOY) earned “Hold” rating by FinnCap on Friday, November 20. FinnCap maintained the shares of BOY in report on Friday, December 4 with “Hold” rating. The stock has “Buy” rating by N+1 Singer on Monday, January 4. Numis Securities maintained Bodycote PLC (LON:BOY) rating on Friday, April 15. Numis Securities has “Add” rating and GBX 650 target. HSBC downgraded it to “Hold” rating and GBX 675 target in Tuesday, February 21 report. On Wednesday, October 7 the stock rating was maintained by Morgan Stanley with “Overwt/In-Line”. The rating was maintained by Deutsche Bank with “Buy” on Thursday, March 2. The rating was maintained by Investec on Tuesday, November 17 with “Buy”. The company was maintained on Monday, November 30 by RBC Capital Markets. Canaccord Genuity maintained the stock with “Buy” rating in Tuesday, October 6 report. See Bodycote PLC (LON:BOY) latest ratings:

11/05/2017 Broker: JP Morgan Rating: Neutral Old Target: GBX 770.00 New Target: GBX 770.00 Maintain
03/05/2017 Broker: Deutsche Bank Rating: Buy New Target: GBX 880.00 Maintain
12/04/2017 Broker: Liberum Capital Rating: Buy Old Target: GBX 660.00 New Target: GBX 910.00 Maintain
06/04/2017 Broker: HSBC Rating: Hold Old Target: GBX 675.00 New Target: GBX 850.00 Maintain
05/04/2017 Broker: Peel Hunt Rating: Buy Old Target: GBX 740.00 New Target: GBX 900.00 Maintain
13/03/2017 Broker: UBS Rating: Buy Old Target: GBX 705.00 New Target: GBX 890.00 Reiteration
02/03/2017 Broker: Deutsche Bank Rating: Buy Old Target: GBX 760.00 New Target: GBX 835.00 Maintain
01/03/2017 Broker: JP Morgan Rating: Neutral Old Target: GBX 680.00 New Target: GBX 770.00 DownGrade
28/02/2017 Broker: N+1 Singer Rating: Buy New Target: GBX 690.00 Maintain
28/02/2017 Broker: Liberum Capital Rating: Buy Maintain

Among 5 analysts covering Methanex (NDAQ:MEOH), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. Methanex has $72 highest and $51 lowest target. $61.25’s average target is 44.46% above currents $42.4 stock price. Methanex had 9 analyst reports since February 24, 2017 according to SRatingsIntel. The stock has “Buy” rating by BMO Capital Markets on Friday, April 28. The firm has “Sector Perform” rating given on Friday, April 28 by Scotia Capital. Scotia Capital maintained it with “Sector Perform” rating and $51 target in Wednesday, March 29 report. The firm earned “” rating on Wednesday, March 29 by IBC. The firm has “Outperform” rating given on Friday, February 24 by Raymond James. As per Wednesday, April 5, the company rating was maintained by Cowen & Co. The stock of Methanex Corporation (USA) (NASDAQ:MEOH) earned “Sector Perform” rating by Scotia Capital on Tuesday, April 11. The firm has “Buy” rating given on Friday, April 28 by TD Securities. The stock has “Sector Perform” rating by Scotia Capital on Friday, April 21.

Methanex Corp is a Canada-based producer and supplier of methanol to a range of international markets. The company has market cap of $3.86 billion. The Firm operates production sites in Canada, Chile, Egypt, New Zealand, the United States, as well as Trinidad and Tobago. It has a 26.75 P/E ratio. The Company’s global activities are supported by a global supply chain of terminals, storage facilities and a fleet of methanol ocean tankers.

Analysts await Methanex Corporation (USA) (NASDAQ:MEOH) to report earnings on July, 26. They expect $0.90 earnings per share, up 446.15% or $1.16 from last year’s $-0.26 per share. MEOH’s profit will be $81.93 million for 11.78 P/E if the $0.90 EPS becomes a reality. After $1.56 actual earnings per share reported by Methanex Corporation (USA) for the previous quarter, Wall Street now forecasts -42.31% negative EPS growth.

About 691,596 shares traded. Methanex Corporation (USA) (NDAQ:MEOH) has risen 27.53% since October 4, 2016 and is uptrending. It has outperformed by 15.94% the S&P500.

The stock decreased 1.52% or GBX 12.47 on May 11, reaching GBX 807.53. About 370,795 shares traded. Bodycote PLC (LON:BOY) has risen 31.20% since October 10, 2016 and is uptrending. It has outperformed by 19.61% the S&P500.

Bodycote plc is a provider of thermal processing services. The company has market cap of 1.55 billion GBP. The Firm has six operating divisions, split between Aerospace, Defense and Energy and Automotive and General Industrial (AGI) business areas: ADE-Western Europe; ADE-North America; ADE-Emerging markets; AGI-Western Europe; AGI-North America, and AGI-Emerging markets. It has a 22.92 P/E ratio. It offers technologies such as Classical Heat Treatment, including nitriding, carburizing, annealing, tempering, and Specialist Technologies, including hot isostatic pressing services, hot isostatic pressing product fabrication, specialty stainless steel processes, surface technology and Corr-l-Dur.