Scotiabank Analysts Give Boyd Group Services (TSE:BYD) a C$264.00 Price Target

Scotiabank set a C$264.00 price target on Boyd Group Services (TSE:BYD) in a research report sent to investors on Wednesday, Marketbeat reports. The firm currently has an outperform rating on the stock.

A number of other research analysts have also commented on BYD. ATB Capital upped their price target on shares of Boyd Group Services from C$275.00 to C$280.00 in a research note on Thursday, November 13th. 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. Stifel Nicolaus increased their target price on Boyd Group Services from C$265.00 to C$275.00 in a research note on Tuesday, November 4th. CIBC lifted their price target on Boyd Group Services from C$270.00 to C$280.00 in a report on Wednesday, November 5th. Finally, Cormark raised Boyd Group Services from a “hold” rating to a “moderate buy” rating in a report on Thursday, October 30th. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has given a Hold 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$265.45.

Boyd Group Services Stock Up 1.9%

BYD opened at C$228.78 on Wednesday. The stock’s fifty day simple moving average is C$223.02 and its 200 day simple moving average is C$219.44. Boyd Group Services has a 1-year low of C$186.10 and a 1-year high of C$258.17. The stock has a market cap of C$6.37 billion, a PE ratio of 309.16, a price-to-earnings-growth ratio of -56.72 and a beta of 0.17. The company has a current ratio of 0.70, a quick ratio of 0.30 and a debt-to-equity ratio of 150.94.

Boyd Group Services (TSE:BYD) last released its quarterly earnings data on Wednesday, November 12th. The company reported C$0.62 EPS for the quarter. The firm had revenue of C$1.10 billion for the quarter. Boyd Group Services had a net margin of 1.35% and a return on equity of 4.93%. As a group, research analysts expect that Boyd Group Services will post 7.1452646 earnings per share for the current 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 .