Boyd Group Services (TSE:BYD) Price Target Lowered to C$255.00 at Desjardins

Boyd Group Services (TSE:BYD) had its target price cut by Desjardins from C$270.00 to C$255.00 in a research report released on Thursday,BayStreet.CA reports. They currently have a buy rating on the stock.

Several other analysts have also recently commented on the stock. TD Securities upped their target price 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. CIBC upped their target price on shares of Boyd Group Services from C$276.00 to C$281.00 in a research report on Friday, February 28th. BMO Capital Markets upped their target price on shares of Boyd Group Services from C$250.00 to C$280.00 in a research report on Thursday. National Bankshares dropped their target price on shares of Boyd Group Services from C$275.00 to C$260.00 and set an “outperform” rating for the company in a research report on Thursday. Finally, Royal Bank of Canada decreased their price target on shares of Boyd Group Services from C$282.00 to C$277.00 in a report on Thursday. One research analyst has rated the stock with a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Boyd Group Services presently has a consensus rating of “Buy” and an average price target of C$275.25.

Boyd Group Services Stock Performance

BYD stock opened at C$211.92 on Thursday. The company has a debt-to-equity ratio of 150.94, a current ratio of 0.70 and a quick ratio of 0.30. The company has a 50 day moving average price of C$233.23 and a 200 day moving average price of C$221.03. Boyd Group Services has a fifty-two week low of C$198.61 and a fifty-two week high of C$292.81. The stock has a market capitalization of C$3.21 billion, a PE ratio of 78.06, a price-to-earnings-growth 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.