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

Boyd Group Services (TSE:BYD) had its price objective cut by analysts at Desjardins from C$270.00 to C$255.00 in a note issued to investors on Thursday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. Desjardins’ target price suggests a potential upside of 21.18% from the company’s current price.

Several other research analysts have also commented on the company. National Bankshares cut their price objective on Boyd Group Services from C$275.00 to C$260.00 and set an “outperform” rating for the company in a report on Thursday. CIBC boosted their price objective on Boyd Group Services from C$276.00 to C$281.00 in a report on Friday, February 28th. 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. Royal Bank of Canada cut their target price on Boyd Group Services from C$282.00 to C$277.00 in a research note on Thursday. Finally, Cormark cut their target price on Boyd Group Services from C$240.00 to C$200.00 in a research note on Thursday. One investment analyst has rated the stock with a hold rating, ten have given a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently 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 Thursday. Boyd Group Services has a 12 month low of C$198.61 and a 12 month high of C$291.53. The company has a current ratio of 0.70, a quick ratio of 0.30 and a debt-to-equity ratio of 150.94. The firm has a market capitalization of C$3.19 billion, a price-to-earnings ratio of 77.51, a PEG ratio of -56.72 and a beta of 0.99. The business has a 50-day moving average of C$233.25 and a 200-day moving average of C$220.94.

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.