Boyd Group Services (TSE:BYD) Price Target Cut to C$270.00 by Analysts at Stifel Nicolaus

Boyd Group Services (TSE:BYD) had its price target reduced by research analysts at Stifel Nicolaus from C$285.00 to C$270.00 in a report released on Friday,BayStreet.CA reports. The firm currently has a “buy” rating on the stock. Stifel Nicolaus’ price target indicates a potential upside of 28.31% from the company’s previous close.

A number of other analysts have also recently weighed in on the stock. BMO Capital Markets increased their price target on shares of Boyd Group Services from C$250.00 to C$280.00 in a research note on Thursday. National Bankshares reduced 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 note on Thursday. Cormark reduced their target price on shares of Boyd Group Services from C$240.00 to C$200.00 in a research note on Thursday. Desjardins reduced their target price on shares of Boyd Group Services from C$270.00 to C$255.00 and set a “buy” rating for the company in a research note on Thursday. Finally, CIBC raised their target price on shares of Boyd Group Services from C$281.00 to C$286.00 and gave the stock an “outperform” rating in a research note on Thursday. One investment 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’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of C$274.83.

Boyd Group Services Stock Down 0.7 %

Shares of TSE:BYD opened at C$210.43 on Friday. The stock has a market cap 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 firm has a fifty day moving average price of C$233.25 and a 200 day moving average price of C$220.90. The company has a debt-to-equity ratio of 150.94, a current ratio of 0.70 and a quick ratio of 0.30. Boyd Group Services has a 1-year low of C$198.61 and a 1-year high of C$291.53.

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.