Boyd Group Services (TSE:BYD) Price Target Cut to C$255.00 by Analysts at Desjardins

Boyd Group Services (TSE:BYD) had its target price cut by Desjardins from C$270.00 to C$255.00 in a report published on Thursday morning,BayStreet.CA reports. They currently have a buy rating on the stock.

Other research analysts also recently issued reports about the company. National Bankshares dropped their target price on Boyd Group Services from C$275.00 to C$260.00 and set an “outperform” rating on the stock in a research note 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. BMO Capital Markets boosted their price objective on Boyd Group Services from C$250.00 to C$280.00 in a report on Thursday. Royal Bank of Canada decreased their price objective on Boyd Group Services from C$282.00 to C$277.00 in a report on Thursday. Finally, TD Securities boosted their price objective on Boyd Group Services from C$270.00 to C$290.00 and gave the company a “buy” rating in a report on Thursday, January 30th. One research analyst has rated the stock with a hold rating, ten have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, Boyd Group Services presently has an average rating of “Buy” and a consensus target price of C$274.83.

Boyd Group Services Trading Down 0.7 %

BYD opened at C$210.43 on Thursday. The firm has a market cap 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 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 12 month low of C$198.61 and a 12 month high of C$291.53. The stock has a fifty day moving average price of C$233.25 and a 200-day moving average price of C$220.90.

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.