Boyd Group Income Fund (TSE:BYD.UN) had its target price boosted by equities researchers at Cormark from C$122.50 to C$124.25 in a note issued to investors on Tuesday. Cormark’s price target would suggest a potential upside of 6.42% from the company’s previous close.

Other analysts have also issued reports about the company. TD Securities boosted their price objective on Boyd Group Income Fund from C$125.00 to C$135.00 and gave the company a “buy” rating in a research note on Monday, August 13th. National Bank Financial boosted their price objective on Boyd Group Income Fund from C$125.00 to C$130.00 and gave the company an “outperform” rating in a research note on Monday, August 13th. BMO Capital Markets boosted their price objective on Boyd Group Income Fund from C$126.00 to C$133.00 and gave the company an “outperform” rating in a research note on Monday, August 13th. Raymond James reiterated an “outperform” rating and set a C$125.00 price objective on shares of Boyd Group Income Fund in a research note on Monday, November 5th. Finally, Royal Bank of Canada boosted their price objective on Boyd Group Income Fund from C$111.00 to C$115.00 and gave the company a “sector perform” rating in a research note on Monday, August 13th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of C$126.14.

Shares of BYD.UN opened at C$116.75 on Tuesday. Boyd Group Income Fund has a 1 year low of C$81.76 and a 1 year high of C$111.99.

About Boyd Group Income Fund

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.

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

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