Boyd Group Services (TSE:BYD) Price Target Raised to C$280.00

Boyd Group Services (TSE:BYD) had its price target raised by analysts at BMO Capital Markets from C$250.00 to C$280.00 in a research report issued to clients and investors on Thursday,BayStreet.CA reports. BMO Capital Markets’ target price points to a potential upside of 32.02% from the stock’s current price.

A number of other equities research analysts have also weighed in on the stock. CIBC boosted their price objective on shares of Boyd Group Services from C$276.00 to C$281.00 in a report on Friday, February 28th. TD Securities boosted their price objective 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. Royal Bank of Canada dropped their price objective on shares of Boyd Group Services from C$282.00 to C$277.00 in a report on Thursday. Finally, Cormark dropped their price objective on shares of Boyd Group Services from C$240.00 to C$200.00 in a report on Thursday. One research analyst has rated the stock with a hold rating, ten have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat, Boyd Group Services has an average rating of “Buy” and a consensus price target of C$275.25.

Boyd Group Services Stock Down 2.2 %

Shares of BYD stock traded down C$4.69 during trading hours on Thursday, reaching C$212.09. 28,447 shares of the company’s stock were exchanged, compared to its average volume of 56,419. The stock’s 50 day moving average is C$233.07 and its 200-day moving average is C$221.10. The company has a market cap of C$3.22 billion, a price-to-earnings ratio of 78.12, a P/E/G ratio of -56.72 and a beta of 0.99. The company has a current ratio of 0.70, a quick ratio of 0.30 and a debt-to-equity ratio of 150.94. Boyd Group Services has a fifty-two week low of C$198.61 and a fifty-two week high of C$292.81.

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.