Insider Buying: Boyd Group Services Inc. (TSE:BYD) Director Purchases 150 Shares of Stock

Boyd Group Services Inc. (TSE:BYD) Director Robert Berthold Espey purchased 150 shares of the business’s stock in a transaction on Thursday, April 3rd. The shares were bought at an average cost of C$204.50 per share, for a total transaction of C$30,675.00.

Boyd Group Services Price Performance

BYD opened at C$202.25 on Friday. The company has a market capitalization of C$3.07 billion, a P/E ratio of 74.49, a PEG ratio of -56.72 and a beta of 0.99. The company has a 50-day moving average of C$230.01 and a 200-day moving average of C$220.15. 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 Inc. has a 1-year low of C$197.07 and a 1-year high of C$286.83.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the company. TD Securities increased their target price on Boyd Group Services from C$270.00 to C$290.00 and gave the stock a “buy” rating in a research report on Thursday, January 30th. BMO Capital Markets raised their price objective on Boyd Group Services from C$250.00 to C$280.00 and gave the stock a “strong-buy” rating in a report on Thursday, March 20th. Royal Bank of Canada decreased their target price on Boyd Group Services from C$282.00 to C$277.00 in a report on Thursday, March 20th. Stifel Nicolaus cut their price target on shares of Boyd Group Services from C$285.00 to C$270.00 and set a “buy” rating on the stock in a report on Friday, March 21st. Finally, Cormark decreased their price objective on shares of Boyd Group Services from C$240.00 to C$200.00 in a research note on Thursday, March 20th. One analyst has rated the stock with a hold rating, nine have assigned a buy rating and three have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of C$274.83.

Boyd Group Services Company Profile

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.