Boyd Group Services (TSE:BYD) PT Lowered to C$175.00

Boyd Group Services (TSE:BYDGet Rating) had its price objective dropped by analysts at CIBC from C$180.00 to C$175.00 in a research note issued on Monday, BayStreet.CA reports. CIBC’s target price would indicate a potential upside of 8.72% from the stock’s current price.

BYD has been the topic of a number of other reports. National Bankshares decreased their price target on Boyd Group Services from C$240.00 to C$200.00 and set a “sector perform” rating on the stock in a research note on Thursday, March 24th. Raymond James decreased their price target on Boyd Group Services from C$255.00 to C$235.00 and set a “strong-buy” rating on the stock in a research note on Tuesday, March 22nd. TD Securities decreased their price target on Boyd Group Services from C$230.00 to C$220.00 and set a “buy” rating on the stock in a research note on Friday, March 25th. Jefferies Financial Group decreased their price target on Boyd Group Services from C$250.00 to C$225.00 in a research note on Thursday, March 24th. Finally, Scotiabank decreased their target price on Boyd Group Services from C$260.00 to C$240.00 in a research report on Tuesday, January 25th. Four analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Buy” and an average target price of C$218.85.

Shares of TSE:BYD traded up C$1.86 during trading on Monday, reaching C$160.96. The company had a trading volume of 15,925 shares, compared to its average volume of 69,724. The firm has a market capitalization of C$3.46 billion and a price-to-earnings ratio of 116.38. The company has a debt-to-equity ratio of 135.65, a current ratio of 0.64 and a quick ratio of 0.38. The stock’s fifty day moving average price is C$162.75 and its 200 day moving average price is C$192.07. Boyd Group Services has a fifty-two week low of C$145.70 and a fifty-two week high of C$267.00.

Boyd Group Services (TSE:BYDGet Rating) last posted its quarterly earnings results on Wednesday, March 23rd. The company reported C$0.35 earnings per share for the quarter, beating the Zacks’ consensus estimate of C$0.10 by C$0.25. The business had revenue of C$650.80 million during the quarter, compared to analysts’ expectations of C$636.26 million. On average, equities analysts anticipate that Boyd Group Services will post 5.3100003 EPS for the current fiscal year.

About Boyd Group Services (Get Rating)

Boyd Group Services Inc operates non-franchised collision repair centers in the United States and Canada. The company operates its locations under the Boyd Autobody & Glass and Assured Automotive names in Canada; and Gerber Collision & Glass name in the United States. It also operates as a retail auto glass operator under the Gerber Collision & Glass, Glass America, Auto Glass Service, Auto Glass Authority, and Autoglassonly.com names in the United States.

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Analyst Recommendations for Boyd Group Services (TSE:BYD)

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