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

Boyd Group Services (TSE:BYD) had its target price lifted by equities research analysts at CIBC from C$281.00 to C$286.00 in a report issued on Thursday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. CIBC’s target price suggests a potential upside of 34.85% from the company’s previous close.

Several other equities analysts also recently commented on the stock. Desjardins dropped their price target on shares of Boyd Group Services from C$270.00 to C$255.00 and set a “buy” rating for the company in a research note on Thursday. Royal Bank of Canada decreased their price objective on shares of Boyd Group Services from C$282.00 to C$277.00 in a research report on Thursday. Cormark decreased their price objective on shares of Boyd Group Services from C$240.00 to C$200.00 in a research report on Thursday. BMO Capital Markets lifted their price objective on shares of Boyd Group Services from C$250.00 to C$280.00 in a research report on Thursday. Finally, TD Securities boosted their price target on shares of Boyd Group Services from C$270.00 to C$290.00 and gave the company a “buy” rating in a research report on Thursday, January 30th. One research analyst has rated the stock with a hold rating, ten have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, Boyd Group Services currently has a consensus rating of “Buy” and an average target price of C$275.25.

Boyd Group Services Price Performance

BYD traded down C$4.69 during trading on Thursday, reaching C$212.09. The company’s stock had a trading volume of 28,447 shares, compared to its average volume of 56,419. 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 firm has a fifty day simple moving average of C$233.07 and a two-hundred day simple moving average of C$221.10. Boyd Group Services has a 1 year low of C$198.61 and a 1 year high of C$292.81. The company has a market cap of C$3.22 billion, a price-to-earnings ratio of 78.12, a PEG ratio of -56.72 and a beta of 0.99.

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.