Boyd Group Services (TSE:BYD) Price Target Raised to C$286.00 at CIBC

Boyd Group Services (TSE:BYD) had its target price increased by equities research analysts at CIBC from C$281.00 to C$286.00 in a research report issued to clients and investors on Thursday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. CIBC’s price target suggests a potential upside of 35.91% from the company’s current price.

A number of other equities analysts also recently issued reports on BYD. National Bankshares lowered their price target on Boyd Group Services from C$275.00 to C$260.00 and set an “outperform” rating on the stock in a research report on Thursday. Desjardins reduced their target price on Boyd Group Services from C$270.00 to C$255.00 and set a “buy” rating for the company in a report on Thursday. Royal Bank of Canada reduced their target price on Boyd Group Services from C$282.00 to C$277.00 in a report on Thursday. BMO Capital Markets increased their target price on Boyd Group Services from C$250.00 to C$280.00 in a report on Thursday. Finally, Cormark reduced their target price on Boyd Group Services from C$240.00 to C$200.00 in a report on Thursday. One research analyst has rated the stock with a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of C$274.83.

Boyd Group Services Stock Performance

Shares of BYD stock opened at C$210.43 on Thursday. The company has a market capitalization of C$3.19 billion, a P/E ratio of 77.51, a P/E/G ratio of -56.72 and a beta of 0.99. The business’s 50 day moving average is C$233.25 and its two-hundred day moving average is C$220.94. The company has a current ratio of 0.70, a quick ratio of 0.30 and a debt-to-equity ratio of 150.94. Boyd Group Services has a 12-month low of C$198.61 and a 12-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.