Boyd Group Services (TSE:BYD) Given New C$260.00 Price Target at National Bankshares

Boyd Group Services (TSE:BYD) had its price objective reduced by stock analysts at National Bankshares from C$275.00 to C$260.00 in a research report issued on Thursday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. National Bankshares’ price objective points to a potential upside of 22.59% from the company’s current price.

Several other research analysts have also issued reports on the company. TD Securities upped their target price on Boyd Group Services from C$270.00 to C$290.00 and gave the company a “buy” rating in a research report on Thursday, January 30th. BMO Capital Markets boosted their price target on Boyd Group Services from C$250.00 to C$280.00 in a research note on Thursday. Cormark dropped their price target on Boyd Group Services from C$240.00 to C$200.00 in a research note on Thursday. CIBC upped their target price on Boyd Group Services from C$276.00 to C$281.00 in a research note on Friday, February 28th. Finally, Royal Bank of Canada lowered their target price on Boyd Group Services from C$282.00 to C$277.00 in a research note on Thursday. One investment analyst has rated the stock with a hold rating, ten have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, Boyd Group Services presently has a consensus rating of “Buy” and a consensus target price of C$275.25.

Boyd Group Services Stock Down 2.2 %

Shares of BYD traded down C$4.69 during trading hours on Thursday, hitting C$212.09. The company had a trading volume of 28,447 shares, compared to its average volume of 56,419. The company has a market capitalization of C$3.22 billion, a PE ratio of 78.12, a price-to-earnings-growth ratio of -56.72 and a beta of 0.99. The company has a current ratio of 0.70, a quick ratio of 0.30 and a debt-to-equity ratio of 150.94. Boyd Group Services has a one year low of C$198.61 and a one year high of C$292.81. The company’s fifty day moving average price is C$233.07 and its two-hundred day moving average price is C$221.10.

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.