National Bankshares Lowers Boyd Group Services (TSE:BYD) Price Target to C$245.00

Boyd Group Services (TSE:BYD) had its target price dropped by equities researchers at National Bankshares from C$270.00 to C$245.00 in a research report issued on Wednesday,BayStreet.CA reports. National Bankshares’ target price indicates a potential upside of 11.30% from the stock’s current price.

Several other analysts also recently commented on the stock. Jefferies Financial Group decreased their target price on shares of Boyd Group Services from C$325.00 to C$300.00 in a research report on Friday, August 9th. Raymond James decreased their target price on shares of Boyd Group Services from C$325.00 to C$295.00 and set a “strong-buy” rating for the company in a research report on Friday, November 1st. Stifel Nicolaus decreased their price objective on shares of Boyd Group Services from C$280.00 to C$275.00 in a report on Monday, October 28th. BMO Capital Markets decreased their price objective on shares of Boyd Group Services from C$280.00 to C$260.00 and set an “outperform” rating for the company in a report on Monday, July 29th. Finally, CIBC decreased their price objective on shares of Boyd Group Services from C$290.00 to C$268.00 in a report on Friday, August 9th. Two equities research analysts have rated the stock with a hold rating, eight have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of C$277.75.

Boyd Group Services Stock Up 2.8 %

Boyd Group Services stock opened at C$220.13 on Wednesday. The company has a debt-to-equity ratio of 146.14, a quick ratio of 0.30 and a current ratio of 0.61. The firm has a market cap of C$4.73 billion, a PE ratio of 58.70, a P/E/G ratio of -56.72 and a beta of 0.99. Boyd Group Services has a twelve month low of C$198.61 and a twelve month high of C$324.75. The firm’s 50 day moving average price is C$213.76 and its two-hundred day moving average price is C$233.62.

Boyd Group Services (TSE:BYD) last posted its earnings results on Tuesday, November 5th. The company reported C$0.20 EPS for the quarter, missing the consensus estimate of C$0.66 by C($0.46). The business had revenue of C$1.03 billion during the quarter, compared to the consensus estimate of C$1.03 billion. Boyd Group Services had a return on equity of 7.21% and a net margin of 1.93%. On average, research analysts predict that Boyd Group Services will post 7.1452646 EPS for the current fiscal year.

Insider Activity at Boyd Group Services

In related news, Senior Officer Jeff Murray bought 456 shares of the business’s stock in a transaction that occurred on Monday, August 12th. The stock was purchased at an average cost of C$223.12 per share, for a total transaction of C$101,742.72. Corporate insiders own 0.37% of the company’s stock.

Boyd Group Services Company Profile

Boyd Group Services Inc, together with its subsidiaries, operates non-franchised collision repair centers in North America. 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.