CIBC Increases Boyd Group Services (TSE:BYD) Price Target to C$281.00

Boyd Group Services (TSE:BYD) had its price target lifted by analysts at CIBC from C$276.00 to C$281.00 in a report issued on Friday,BayStreet.CA reports. CIBC’s price objective points to a potential upside of 15.55% from the stock’s previous close.

BYD has been the topic of several other research reports. ATB Capital lowered their target price on Boyd Group Services from C$340.00 to C$320.00 in a research note on Wednesday, November 6th. National Bankshares dropped their price target on shares of Boyd Group Services from C$270.00 to C$245.00 in a research note on Wednesday, November 6th. Raymond James reduced their price objective on Boyd Group Services from C$295.00 to C$285.00 in a research report on Thursday, November 7th. BMO Capital Markets dropped their target price on Boyd Group Services from C$260.00 to C$250.00 in a research report on Wednesday, November 6th. Finally, TD Securities boosted their price target on Boyd Group Services from C$270.00 to C$290.00 and gave the company a “buy” rating in a research note on Thursday, January 30th. One equities research analyst has rated the stock with a hold rating, nine have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, Boyd Group Services presently has an average rating of “Buy” and a consensus target price of C$280.50.

Boyd Group Services Trading Down 0.4 %

Shares of TSE BYD traded down C$1.05 during mid-day trading on Friday, hitting C$243.19. 37,630 shares of the company traded hands, compared to its average volume of 54,094. The business has a 50 day moving average of C$227.68 and a two-hundred day moving average of C$220.16. The company has a quick ratio of 0.30, a current ratio of 0.70 and a debt-to-equity ratio of 150.94. The stock has a market capitalization of C$3.69 billion, a price-to-earnings ratio of 89.57, a PEG ratio of -56.72 and a beta of 0.99. Boyd Group Services has a 1 year low of C$198.61 and a 1 year high of C$322.59.

About Boyd Group Services

Boyd Group Services Inc is a personal services company that provides auto body and auto glass repair services at its portfolio of facilities located across the United States and Canada. The company operates in Canada primarily under the Boyd Autobody and Glass brand name, while its most notable U.S. brand is Gerber Collision and Glass.