Brokerages Set Boyd Group Services Inc. (TSE:BYD) Target Price at C$265.60

Shares of Boyd Group Services Inc. (TSE:BYD) have been given a consensus rating of “Buy” by the eleven research firms that are currently covering the company, MarketBeat reports. One analyst has rated the stock with a hold recommendation, eight have given a buy recommendation and two have given a strong buy recommendation to the company. The average 1 year price target among analysts that have covered the stock in the last year is C$265.60.

BYD has been the subject of a number of analyst reports. ATB Capital lifted their price target on shares of Boyd Group Services from C$275.00 to C$280.00 in a research report on Thursday, November 13th. CIBC raised their price objective on Boyd Group Services from C$270.00 to C$280.00 in a research note on Wednesday, November 5th. Desjardins raised Boyd Group Services to a “moderate buy” rating in a report on Tuesday, November 4th. Royal Bank Of Canada upped their target price on Boyd Group Services from C$272.00 to C$291.00 in a research report on Wednesday, November 5th. Finally, Stifel Nicolaus increased their target price on Boyd Group Services from C$265.00 to C$275.00 in a report on Tuesday, November 4th.

Boyd Group Services Trading Up 0.1%

BYD stock opened at C$223.08 on Friday. Boyd Group Services has a 52 week low of C$186.10 and a 52 week high of C$258.17. The company has a market capitalization of C$6.21 billion, a PE ratio of 301.46, a price-to-earnings-growth ratio of -56.72 and a beta of 0.22. The company’s 50-day simple moving average is C$221.20 and its 200 day simple moving average is C$217.29. The company has a debt-to-equity ratio of 150.94, a quick ratio of 0.30 and a current ratio of 0.70.

Boyd Group Services (TSE:BYD) last issued its quarterly earnings data on Wednesday, November 12th. The company reported C$0.62 earnings per share for the quarter. Boyd Group Services had a net margin of 1.35% and a return on equity of 4.93%. The business had revenue of C$1.10 billion during the quarter. As a group, sell-side analysts anticipate that Boyd Group Services will post 7.1452646 earnings per share for the current year.

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.