Boyd Group Services Inc. (TSE:BYD) Given Consensus Rating of “Buy” by Analysts

Boyd Group Services Inc. (TSE:BYD) has been assigned a consensus rating of “Buy” from the thirteen brokerages that are covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a hold rating, nine have assigned a buy rating and three have assigned a strong buy rating to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is C$271.67.

Several brokerages recently weighed in on BYD. Stifel Nicolaus reduced their price target on shares of Boyd Group Services from C$270.00 to C$265.00 and set a “buy” rating on the stock in a research report on Friday. ATB Capital reduced their target price on shares of Boyd Group Services from C$320.00 to C$295.00 and set an “outperform” rating on the stock in a report on Monday, April 28th. National Bankshares lowered their price target on shares of Boyd Group Services from C$275.00 to C$260.00 and set an “outperform” rating for the company in a report on Thursday, March 20th. BMO Capital Markets boosted their price objective on Boyd Group Services from C$250.00 to C$280.00 and gave the stock a “strong-buy” rating in a research note on Thursday, March 20th. Finally, Desjardins lowered their price objective on Boyd Group Services from C$270.00 to C$255.00 and set a “buy” rating for the company in a research note on Thursday, March 20th.

Insider Activity at Boyd Group Services

In other Boyd Group Services news, Director Robert Berthold Espey acquired 150 shares of the stock in a transaction that occurred on Thursday, April 3rd. The stock was bought at an average cost of C$204.50 per share, with a total value of C$30,675.00. 0.37% of the stock is currently owned by company insiders.

Boyd Group Services Stock Performance

TSE BYD opened at C$200.82 on Friday. The company has a debt-to-equity ratio of 150.94, a current ratio of 0.70 and a quick ratio of 0.30. Boyd Group Services has a 1-year low of C$191.27 and a 1-year high of C$272.82. The business has a 50 day simple moving average of C$214.57 and a two-hundred day simple moving average of C$219.30. The stock has a market capitalization of C$3.05 billion, a PE ratio of 73.97, a P/E/G ratio of -56.72 and a beta of 0.99.

About Boyd Group Services

Boyd Group Services Inc is a personal services company that provides auto body and auto glass repair services at its portfolio of facilities located across the United States and Canada. The company operates in Canada primarily under the Boyd Autobody and Glass brand name, while its most notable U.S. brand is Gerber Collision and Glass.