Boyd Group Services Inc. (TSE:BYD) Receives Average Recommendation of “Buy” from Analysts

Shares of Boyd Group Services Inc. (TSE:BYD) have received an average recommendation of “Buy” from the thirteen research firms that are covering the firm, Marketbeat.com reports. One analyst has rated the stock with a hold recommendation, nine have given a buy recommendation and three have issued a strong buy recommendation on the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is C$274.83.

Several research firms have recently weighed in on BYD. Desjardins lowered their price target on Boyd Group Services from C$270.00 to C$255.00 and set a “buy” rating on the stock in a report on Thursday, March 20th. Cormark lowered their price objective on shares of Boyd Group Services from C$240.00 to C$200.00 in a research note on Thursday, March 20th. Stifel Nicolaus dropped their price objective on shares of Boyd Group Services from C$285.00 to C$270.00 and set a “buy” rating on the stock in a report on Friday, March 21st. National Bankshares reduced 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, March 20th. Finally, Royal Bank of Canada dropped their price target on shares of Boyd Group Services from C$282.00 to C$277.00 in a research note on Thursday, March 20th.

Insider Buying and Selling at Boyd Group Services

In other Boyd Group Services news, Director Robert Berthold Espey bought 150 shares of the business’s stock in a transaction that occurred on Thursday, April 3rd. The stock was purchased at an average cost of C$204.50 per share, with a total value of C$30,675.00. Insiders own 0.37% of the company’s stock.

Boyd Group Services Price Performance

BYD opened at C$208.24 on Tuesday. The company’s 50-day simple moving average is C$224.67 and its two-hundred day simple moving average is C$219.81. The company has a debt-to-equity ratio of 150.94, a quick ratio of 0.30 and a current ratio of 0.70. The stock has a market capitalization of C$3.16 billion, a P/E ratio of 76.70, a P/E/G ratio of -56.72 and a beta of 0.99. Boyd Group Services has a 52-week low of C$191.27 and a 52-week high of C$285.00.

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.