Cormark Has Lowered Expectations for Boyd Group Services (TSE:BYD) Stock Price

Boyd Group Services (TSE:BYD) had its price target trimmed by Cormark from C$240.00 to C$200.00 in a research report report published on Thursday,BayStreet.CA reports.

A number of other analysts also recently commented on the company. Royal Bank of Canada lowered their target price on Boyd Group Services from C$282.00 to C$277.00 in a research note on Thursday. CIBC upped their target price on Boyd Group Services from C$276.00 to C$281.00 in a research note on Friday, February 28th. Finally, TD Securities upped their target price on Boyd Group Services from C$270.00 to C$290.00 and gave the stock a “buy” rating in a research note on Thursday, January 30th. One equities research analyst has rated the stock with a hold rating, ten have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of C$275.25.

Boyd Group Services Stock Down 2.2 %

Shares of BYD stock opened at C$211.92 on Thursday. The stock’s 50-day simple moving average is C$233.23 and its 200-day simple moving average is C$221.03. The company has a debt-to-equity ratio of 150.94, a quick ratio of 0.30 and a current ratio of 0.70. The firm has a market capitalization of C$3.21 billion, a PE ratio of 78.06, a P/E/G ratio of -56.72 and a beta of 0.99. Boyd Group Services has a fifty-two week low of C$198.61 and a fifty-two week high of C$292.81.

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.