Boyd Group Income Fund (TSE:BYD.UN) had its price target raised by stock analysts at BMO Capital Markets from C$107.00 to C$120.00 in a research report issued to clients and investors on Thursday. The firm currently has an “outperform” rating on the stock. BMO Capital Markets’ price objective suggests a potential upside of 9.98% from the stock’s current price.

A number of other brokerages have also recently issued reports on BYD.UN. National Bank Financial lifted their price target on shares of Boyd Group Income Fund from C$110.00 to C$120.00 and gave the company an “outperform” rating in a research report on Monday, February 26th. TD Securities lifted their price target on shares of Boyd Group Income Fund from C$115.00 to C$120.00 and gave the company a “buy” rating in a research report on Tuesday, January 30th. Laurentian set a C$120.00 price target on shares of Boyd Group Income Fund in a research report on Thursday. Finally, Royal Bank of Canada lifted their price target on shares of Boyd Group Income Fund from C$103.00 to C$105.00 and gave the company a “sector perform” rating in a research report on Thursday, March 15th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of C$118.11.

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Shares of Boyd Group Income Fund stock traded down C$0.17 on Thursday, hitting C$109.11. 10,474 shares of the stock were exchanged, compared to its average volume of 32,712. The company has a market cap of $2,130.00, a price-to-earnings ratio of 76.84 and a beta of 0.41. Boyd Group Income Fund has a 52-week low of C$81.76 and a 52-week high of C$111.99.

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Boyd Group Income Fund Company Profile

Boyd Group Income Fund (the Fund) is an unincorporated, open-ended mutual fund trust. The Fund’s primary line of business is automotive collision and glass repair and related services. It operates in automotive collision repair and related services segment. It is engaged in acquiring and holding an interest in The Boyd Group Inc The Boyd Group Inc’s business consists of the ownership and operation of autobody/autoglass repair facilities and related services.

Analyst Recommendations for Boyd Group Income Fund (TSE:BYD.UN)

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