Boyd Group Services Inc. (TSE:BYD) Receives Average Rating of “Buy” from Analysts

Boyd Group Services Inc. (TSE:BYD) has been given an average recommendation of “Buy” by the ten analysts that are covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a hold recommendation, seven have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is C$267.09.

Several equities analysts have recently issued reports on the company. Desjardins decreased their price target on Boyd Group Services from C$270.00 to C$255.00 and set a “buy” rating on the stock in a research note on Thursday, March 20th. BMO Capital Markets raised their price objective on Boyd Group Services from C$250.00 to C$280.00 and gave the company a “strong-buy” rating in a research note on Thursday, March 20th. National Bankshares decreased their target price on Boyd Group Services from C$260.00 to C$245.00 and set an “outperform” rating on the stock in a research report on Thursday, May 22nd. ATB Capital lowered their target price on Boyd Group Services from C$295.00 to C$290.00 and set an “outperform” rating for the company in a research note on Thursday, May 22nd. Finally, Royal Bank of Canada dropped their target price on shares of Boyd Group Services from C$277.00 to C$270.00 and set an “outperform” rating for the company in a report on Thursday, May 22nd.

Boyd Group Services Price Performance

BYD stock opened at C$207.48 on Wednesday. The company’s 50-day moving average price is C$206.01 and its two-hundred day moving average price is C$218.39. The firm has a market cap of C$3.15 billion, a P/E ratio of 76.42, a P/E/G ratio of -56.72 and a beta of 0.99. The company has a quick ratio of 0.30, a current ratio of 0.70 and a debt-to-equity ratio of 150.94. Boyd Group Services has a 12 month low of C$191.27 and a 12 month high of C$270.60.

Insider Activity at Boyd Group Services

In other Boyd Group Services news, Director Robert Berthold Espey purchased 150 shares of the business’s stock in a transaction dated Thursday, April 3rd. The shares were bought at an average price of C$204.50 per share, for a total transaction of C$30,675.00. 0.37% of the stock is owned by company insiders.

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.