Cormark Cuts Boyd Group Services (TSE:BYD) Price Target to C$200.00

Boyd Group Services (TSE:BYD) had its target price decreased by Cormark from C$240.00 to C$200.00 in a research note published on Thursday morning,BayStreet.CA reports. Cormark also issued estimates for Boyd Group Services’ Q1 2025 earnings at $0.30 EPS, Q2 2025 earnings at $1.24 EPS, Q3 2025 earnings at $1.06 EPS and Q4 2025 earnings at $1.30 EPS.

Other equities analysts have also issued research reports about the stock. Royal Bank of Canada cut their price objective on shares of Boyd Group Services from C$282.00 to C$277.00 in a research report on Thursday. TD Securities increased their price target 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. Finally, CIBC increased their price target on Boyd Group Services from C$276.00 to C$281.00 in a report on Friday, February 28th. One analyst has rated the stock with a hold rating, ten have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, Boyd Group Services has an average rating of “Buy” and a consensus target price of C$274.83.

Boyd Group Services Price Performance

Shares of BYD opened at C$210.43 on Thursday. The firm has a market cap of C$3.19 billion, a PE ratio of 77.51, a PEG ratio of -56.72 and a beta of 0.99. The firm’s 50 day moving average price is C$233.25 and its 200 day moving average price is C$220.90. The company has a debt-to-equity ratio of 150.94, a quick ratio of 0.30 and a current ratio of 0.70. Boyd Group Services has a twelve month low of C$198.61 and a twelve month high of C$291.53.

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.