Boyd Group Services Inc. (TSE:BYD) Receives C$229.08 Consensus Price Target from Brokerages

Shares of Boyd Group Services Inc. (TSE:BYD) have been assigned a consensus rating of “Buy” from the twelve brokerages that are presently covering the company, Marketbeat Ratings reports. Eleven equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is C$229.08.

BYD has been the subject of several analyst reports. Desjardins dropped their target price on shares of Boyd Group Services from C$240.00 to C$225.00 and set a “buy” rating for the company in a research report on Thursday, August 13th. Jefferies Financial Group reduced their price target on shares of Boyd Group Services from C$250.00 to C$225.00 in a research report on Thursday, August 13th. TD boosted their price objective on shares of Boyd Group Services from C$190.00 to C$200.00 and gave the company a “buy” rating in a research report on Thursday, August 13th. Royal Bank Of Canada lowered their price objective on shares of Boyd Group Services from C$236.00 to C$224.00 and set an “outperform” rating for the company in a research report on Monday. Finally, Canadian Imperial Bank of Commerce upped their target price on Boyd Group Services from C$205.00 to C$208.00 in a research note on Thursday, August 13th.

Boyd Group Services Price Performance

Boyd Group Services stock opened at C$113.53 on Tuesday. The stock’s fifty day moving average price is C$132.94 and its two-hundred day moving average price is C$152.70. Boyd Group Services has a one year low of C$112.35 and a one year high of C$248.23. The company has a debt-to-equity ratio of 117.12, a current ratio of 0.58 and a quick ratio of 0.30. The firm has a market cap of C$3.16 billion, a PE ratio of 252.29, a price-to-earnings-growth ratio of -56.72 and a beta of 0.93.

Boyd Group Services (TSE:BYD) last released its earnings results on Wednesday, August 12th. The company reported C$1.14 earnings per share for the quarter. Boyd Group Services had a return on equity of 0.61% and a net margin of 0.26%.The firm had revenue of C$1.44 billion during the quarter. As a group, research analysts expect that Boyd Group Services will post 7.1452646 EPS for the current fiscal year.

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 .