CIBC Cuts Boyd Group Services (OTCMKTS:BYDGF) Price Target to C$175.00

Boyd Group Services (OTCMKTS:BYDGFGet Rating) had its price target lowered by equities researchers at CIBC from C$180.00 to C$175.00 in a report issued on Monday, The Fly reports.

Other analysts have also issued research reports about the company. BMO Capital Markets lowered Boyd Group Services from an “outperform” rating to a “market perform” rating in a report on Friday, February 18th. Desjardins decreased their price objective on Boyd Group Services from C$244.00 to C$225.00 in a report on Monday, February 7th. Stifel Nicolaus decreased their price objective on Boyd Group Services from C$230.00 to C$200.00 in a report on Wednesday, February 16th. Raymond James decreased their price objective on Boyd Group Services from C$255.00 to C$235.00 in a report on Tuesday, March 22nd. Finally, TD Securities decreased their price objective on Boyd Group Services from C$230.00 to C$220.00 in a report on Friday, March 25th. Six analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $231.00.

Boyd Group Services stock traded down $1.18 during mid-day trading on Monday, reaching $130.21. 263 shares of the company were exchanged, compared to its average volume of 693. The business has a fifty day moving average of $128.71 and a 200 day moving average of $153.20. Boyd Group Services has a 12-month low of $111.94 and a 12-month high of $214.43.

Boyd Group Services Company Profile (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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