CIBC Increases Boyd Group Services (TSE:BYD) Price Target to C$281.00

Boyd Group Services (TSE:BYD) had its price objective hoisted by CIBC from C$276.00 to C$281.00 in a research note released on Friday,BayStreet.CA reports.

Several other equities analysts have also recently weighed in on the company. TD Securities lifted their price objective on 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. BMO Capital Markets dropped their price objective on Boyd Group Services from C$260.00 to C$250.00 in a report on Wednesday, November 6th. ATB Capital dropped their price objective on Boyd Group Services from C$340.00 to C$320.00 in a report on Wednesday, November 6th. Raymond James dropped their price objective on Boyd Group Services from C$295.00 to C$285.00 in a report on Thursday, November 7th. Finally, National Bankshares dropped their price objective on Boyd Group Services from C$270.00 to C$245.00 in a report on Wednesday, November 6th. One investment analyst has rated the stock with a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of C$280.50.

Boyd Group Services Stock Performance

TSE:BYD opened at C$242.20 on Friday. The stock has a market cap of C$3.67 billion, a P/E ratio of 89.21, a PEG 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. The stock has a 50 day simple moving average of C$228.22 and a 200 day simple moving average of C$220.28. Boyd Group Services has a 1-year low of C$198.61 and a 1-year high of C$322.59.

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.