Boyd Group Services (TSE:BYD) Price Target Raised to C$272.00

Boyd Group Services (TSE:BYDFree Report) had its target price increased by CIBC from C$252.00 to C$272.00 in a research report released on Monday morning,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

Other analysts also recently issued reports about the company. National Bankshares decreased their target price on Boyd Group Services from C$270.00 to C$245.00 in a research report on Wednesday, November 6th. ATB Capital decreased 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 shares of Boyd Group Services from C$295.00 to C$285.00 in a report on Thursday, November 7th. TD Securities reduced their target price on shares of Boyd Group Services from C$300.00 to C$270.00 in a research note on Wednesday, November 6th. Finally, Stifel Nicolaus dropped their price target on shares of Boyd Group Services from C$280.00 to C$275.00 in a research note on Monday, October 28th. Two investment analysts have rated the stock with a hold rating, eight have issued a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of C$278.08.

Get Our Latest Stock Analysis on BYD

Boyd Group Services Price Performance

Shares of TSE:BYD opened at C$217.14 on Monday. Boyd Group Services has a fifty-two week low of C$198.61 and a fifty-two week high of C$324.75. The company’s 50-day moving average is C$215.48 and its 200 day moving average is C$221.66. The company has a debt-to-equity ratio of 146.14, a quick ratio of 0.30 and a current ratio of 0.61. The company has a market capitalization of C$4.66 billion, a P/E ratio of 57.90, a price-to-earnings-growth ratio of -56.72 and a beta of 0.99.

Boyd Group Services (TSE:BYDGet Free Report) last released its earnings results on Tuesday, November 5th. The company reported C$0.20 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.66 by C($0.46). Boyd Group Services had a net margin of 1.93% and a return on equity of 7.21%. The company had revenue of C$1.03 billion during the quarter, compared to analysts’ expectations of C$1.03 billion. On average, equities research analysts forecast that Boyd Group Services will post 7.1452646 earnings per share for the current year.

Insider Transactions at Boyd Group Services

In other Boyd Group Services news, Director Robert Berthold Espey purchased 200 shares of the company’s stock in a transaction dated Tuesday, November 26th. The stock was purchased at an average price of C$220.00 per share, for a total transaction of C$44,000.00. Insiders own 0.37% of the company’s stock.

Boyd Group Services Company Profile

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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.

Further Reading

Analyst Recommendations for Boyd Group Services (TSE:BYD)

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