Boyd Group Services (TSE:BYD) Price Target Lowered to C$245.00 at Royal Bank Of Canada

Boyd Group Services (TSE:BYD) had its price target reduced by Royal Bank Of Canada from C$267.00 to C$245.00 in a research report report published on Friday,BayStreet.CA reports.

Several other equities analysts have also issued reports on the company. Desjardins cut their target price on Boyd Group Services from C$260.00 to C$240.00 and set a “buy” rating on the stock in a research note on Thursday. Stifel Nicolaus cut their target price on Boyd Group Services from C$255.00 to C$205.00 and set a “buy” rating on the stock in a research note on Thursday. Scotia cut their target price on Boyd Group Services from C$239.00 to C$231.00 and set a “sector outperform” rating on the stock in a research note on Thursday. TD dropped their price target on Boyd Group Services from C$270.00 to C$190.00 and set a “buy” rating on the stock in a research note on Thursday. Finally, Jefferies Financial Group dropped their price target on Boyd Group Services from C$275.00 to C$250.00 in a research note on Thursday, March 19th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average target price of C$237.14.

Boyd Group Services Price Performance

BYD opened at C$141.87 on Friday. The business’s 50-day moving average is C$177.96 and its two-hundred day moving average is C$208.88. Boyd Group Services has a 1 year low of C$129.74 and a 1 year high of C$248.23. The company has a debt-to-equity ratio of 119.31, a current ratio of 0.60 and a quick ratio of 0.30. The firm has a market capitalization of C$3.95 billion, a PE ratio of 173.01, a price-to-earnings-growth ratio of -56.72 and a beta of 0.75.

Boyd Group Services (TSE:BYD) last posted its earnings results on Wednesday, May 13th. The company reported C$0.81 earnings per share (EPS) for the quarter. Boyd Group Services had a return on equity of 1.04% and a net margin of 0.40%.The company had revenue of C$1.39 billion for the quarter. Research analysts anticipate that Boyd Group Services will post 7.1452646 earnings per share for the current fiscal year.

Insider Buying and Selling at Boyd Group Services

In other Boyd Group Services news, insider Brian Kaner purchased 1,180 shares of the company’s stock in a transaction dated Tuesday, March 31st. The shares were acquired at an average price of C$173.43 per share, for a total transaction of C$204,647.40. Following the completion of the purchase, the insider owned 1,780 shares of the company’s stock, valued at approximately C$308,705.40. The trade was a 196.67% increase in their ownership of the stock. Insiders own 0.37% of the company’s stock.

Boyd Group Services News Roundup

Here are the key news stories impacting Boyd Group Services this week:

• Positive Sentiment: Boyd Group reported record first-quarter 2026 sales of $996.7 million and adjusted EBITDA of $122.4 million, helped by market-share gains, same-store sales growth, and a strategic acquisition. Article Title
• Neutral Sentiment: Despite the strong top-line and EBITDA results, the stock fell after earnings, suggesting investors were disappointed by profitability, margin expectations, or forward guidance. Article Title
• Neutral Sentiment: Royal Bank of Canada lowered its price target to C$245 from C$267, still implying significant upside, but the cut adds to the cautious tone around the stock. Article Title
• Negative Sentiment: A broad group of analysts cut their targets, including TD to C$190, BMO to C$200, CIBC to C$205, Stifel to C$205, Scotia to C$231, Desjardins to C$240, and ATB Cormark to C$245, which likely weighed on sentiment and contributed to the decline in BYD shares. Article Title

Boyd Group Services Company Profile

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 .