Boyd Group Services (TSE:BYD) Given New C$200.00 Price Target at Cormark

Boyd Group Services (TSE:BYD) had its price target dropped by research analysts at Cormark from C$240.00 to C$200.00 in a research report issued on Thursday,BayStreet.CA reports. Cormark’s price target indicates a potential downside of 5.70% from the company’s previous close.

A number of other research analysts have also commented on BYD. CIBC increased their price objective on Boyd Group Services from C$276.00 to C$281.00 in a report on Friday, February 28th. TD Securities raised their target price 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. Finally, Royal Bank of Canada lowered their target price on Boyd Group Services from C$282.00 to C$277.00 in a report on Thursday. One research analyst has rated the stock with a hold rating, ten have given a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of C$275.25.

Boyd Group Services Stock Down 2.2 %

Shares of TSE BYD traded down C$4.69 during mid-day trading on Thursday, reaching C$212.09. 28,447 shares of the company traded hands, compared to its average volume of 56,419. The company has a debt-to-equity ratio of 150.94, a quick ratio of 0.30 and a current ratio of 0.70. The stock has a market cap 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’s fifty day moving average is C$233.07 and its two-hundred day moving average is C$221.10. Boyd Group Services has a fifty-two week low of C$198.61 and a fifty-two week high of C$292.81.

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.