Boyd Group Services (TSE:BYD) Price Target Raised to C$275.00

Boyd Group Services (TSE:BYD) had its price target hoisted by CIBC from C$272.00 to C$275.00 in a report released on Monday,BayStreet.CA reports.

Several other analysts have also recently issued reports on the stock. Raymond James lowered their target price on shares of Boyd Group Services from C$295.00 to C$285.00 in a research note on Thursday, November 7th. National Bankshares lowered their price objective on shares of Boyd Group Services from C$270.00 to C$245.00 in a research report on Wednesday, November 6th. Royal Bank of Canada lowered their price objective on shares of Boyd Group Services from C$306.00 to C$280.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 23rd. Stifel Nicolaus lowered their price objective on shares of Boyd Group Services from C$280.00 to C$275.00 in a research report on Monday, October 28th. Finally, BMO Capital Markets lowered their price objective on shares of Boyd Group Services from C$260.00 to C$250.00 in a research report on Wednesday, November 6th. One investment analyst has rated the stock with a hold rating, nine have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Buy” and a consensus price target of C$280.00.

Boyd Group Services Stock Performance

TSE BYD opened at C$236.78 on Monday. Boyd Group Services has a 1 year low of C$198.61 and a 1 year high of C$324.75. The company has a debt-to-equity ratio of 146.14, a current ratio of 0.61 and a quick ratio of 0.30. The stock has a market capitalization of C$5.08 billion, a PE ratio of 63.14, a P/E/G ratio of -56.72 and a beta of 0.99. The company’s 50 day simple moving average is C$221.25 and its two-hundred day simple moving average is C$219.08.

Insider Buying and Selling

In other news, Director Robert Berthold Espey purchased 200 shares of the business’s stock in a transaction on Tuesday, November 26th. The shares were acquired at an average price of C$220.00 per share, with a total value of C$44,000.00. 0.37% of the stock is owned by corporate insiders.

About Boyd Group Services

Boyd Group Services Inc, together with its subsidiaries, operates non-franchised collision repair centers in North America. The company operates its locations under the Boyd Autobody & Glass and Assured Automotive names in Canada; and Gerber Collision & Glass name in the United States. It also operates as a retail auto glass operator under the Gerber Collision & Glass, Glass America, Auto Glass Service, Auto Glass Authority, and Autoglassonly.com names in the United States.