Boyd Group Services (TSE:BYD) Price Target Raised to C$286.00

Boyd Group Services (TSE:BYD) had its price target lifted by CIBC from C$281.00 to C$286.00 in a research report sent to investors on Thursday,BayStreet.CA reports. They currently have an outperform rating on the stock.

A number of other equities analysts have also weighed in on BYD. Cormark cut their price objective on shares of Boyd Group Services from C$240.00 to C$200.00 in a research report on Thursday. Royal Bank of Canada lowered their target price on shares of Boyd Group Services from C$282.00 to C$277.00 in a report on Thursday. TD Securities boosted their target price on shares of Boyd Group Services from C$270.00 to C$290.00 and gave the company a “buy” rating in a report on Thursday, January 30th. National Bankshares lowered their target price on shares of Boyd Group Services from C$275.00 to C$260.00 and set an “outperform” rating for the company in a report on Thursday. Finally, Desjardins lowered their target price on shares of Boyd Group Services from C$270.00 to C$255.00 and set a “buy” rating for the company in a report on Thursday. One investment analyst has rated the stock with a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of C$274.83.

Boyd Group Services Stock Performance

TSE:BYD opened at C$210.43 on Thursday. The firm has a 50 day simple moving average of C$233.25 and a 200-day simple moving average of C$220.90. The company has a debt-to-equity ratio of 150.94, a current ratio of 0.70 and a quick ratio of 0.30. The firm has a market cap of C$3.19 billion, a PE ratio of 77.51, a P/E/G 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$291.53.

Boyd Group Services Company Profile

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.