Brokerages Set Boyd Group Services Inc. (TSE:BYD) PT at C$265.45

Boyd Group Services Inc. (TSE:BYD) has received an average rating of “Buy” from the twelve analysts that are currently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation, nine have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is C$268.33.

A number of research analysts recently commented on BYD shares. TD Securities increased their target price on shares of Boyd Group Services from C$280.00 to C$290.00 and gave the company a “buy” rating in a research report on Wednesday, November 5th. Canadian Imperial Bank of Commerce raised their price objective on Boyd Group Services from C$280.00 to C$290.00 in a report on Friday. Scotiabank set a C$264.00 target price on Boyd Group Services and gave the stock an “outperform” rating in a research report on Wednesday, January 14th. Stifel Nicolaus boosted their target price on Boyd Group Services from C$265.00 to C$275.00 in a report on Tuesday, November 4th. Finally, Royal Bank Of Canada upped their target price on Boyd Group Services from C$272.00 to C$291.00 in a research report on Wednesday, November 5th.

Boyd Group Services Price Performance

Shares of TSE BYD opened at C$242.94 on Monday. The stock’s 50-day simple moving average is C$224.82 and its 200-day simple moving average is C$221.15. The firm has a market capitalization of C$6.76 billion, a PE ratio of 328.30, a price-to-earnings-growth ratio of -56.72 and a beta of 0.26. Boyd Group Services has a fifty-two week low of C$186.10 and a fifty-two week high of C$258.17. 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 (TSE:BYD) last announced its quarterly earnings results on Wednesday, November 12th. The company reported C$0.62 EPS for the quarter. Boyd Group Services had a net margin of 1.35% and a return on equity of 4.93%. The company had revenue of C$1.10 billion for the quarter. As a group, equities research analysts forecast that Boyd Group Services will post 7.1452646 EPS for the current fiscal year.

About Boyd Group Services

Boyd Group Services Inc is a Canadian corporation and controls The Boyd Group Inc and its subsidiaries. Boyd Group Services Inc shares trade on the Toronto Stock Exchange (TSX) under the symbol BYD.TO and the New York Stock Exchange (NYSE) under the symbol BGSI. For more information on The Boyd Group Inc or Boyd Group Services Inc, please visit our website at https://www.boydgroup.com .