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

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

BYD has been the subject of several other reports. TD Securities lifted their target price on shares of 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. CIBC lifted their target price on shares of 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 price target on shares of Boyd Group Services from C$282.00 to C$277.00 in a research report on Thursday. One research analyst has rated the stock with a hold rating, ten have issued a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of C$275.25.

Boyd Group Services Stock Down 2.2 %

Boyd Group Services stock traded down C$4.69 during midday trading on Thursday, hitting C$212.09. 28,447 shares of the company’s stock were exchanged, 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. Boyd Group Services has a 12 month low of C$198.61 and a 12 month high of C$292.81. The firm has a 50-day moving average of C$233.07 and a two-hundred day moving average of C$221.10. The company has a market cap of C$3.22 billion, a PE ratio of 78.12, a P/E/G ratio of -56.72 and a beta of 0.99.

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.