Boyd Group Services (TSE:BYD) Given a C$264.00 Price Target at Scotiabank

Scotiabank set a C$264.00 target price on Boyd Group Services (TSE:BYD) in a research note issued to investors on Wednesday morning,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

Several other research firms have also commented on BYD. CIBC lifted their price objective on shares of Boyd Group Services from C$270.00 to C$280.00 in a research note on Wednesday, November 5th. Royal Bank Of Canada lifted their price target on shares of Boyd Group Services from C$272.00 to C$291.00 in a research note on Wednesday, November 5th. TD Securities increased their price objective on shares of Boyd Group Services from C$280.00 to C$290.00 and gave the stock a “buy” rating in a research report on Wednesday, November 5th. Stifel Nicolaus raised their price objective on shares of Boyd Group Services from C$265.00 to C$275.00 in a research note on Tuesday, November 4th. Finally, Desjardins upgraded Boyd Group Services to a “moderate buy” rating in a research report on Tuesday, November 4th. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, Boyd Group Services has a consensus rating of “Buy” and a consensus target price of C$265.45.

Boyd Group Services Trading Up 1.6%

Shares of TSE BYD opened at C$223.58 on Wednesday. Boyd Group Services has a 1-year low of C$186.10 and a 1-year high of C$258.17. The company has a debt-to-equity ratio of 150.94, a current ratio of 0.70 and a quick ratio of 0.30. The business’s 50 day moving average is C$222.46 and its two-hundred day moving average is C$219.30. The stock has a market capitalization of C$6.22 billion, a P/E ratio of 302.14, a PEG ratio of -56.72 and a beta of 0.17.

Boyd Group Services (TSE:BYD) last posted its quarterly earnings data on Wednesday, November 12th. The company reported C$0.62 earnings per share (EPS) for the quarter. The business had revenue of C$1.10 billion during the quarter. Boyd Group Services had a return on equity of 4.93% and a net margin of 1.35%. As a group, research analysts expect that Boyd Group Services will post 7.1452646 EPS for the current year.

Boyd Group Services Company Profile

Boyd Group Services Inc is a Canadian corporation and controls The Boyd Group Inc and its subsidiaries. Boyd Group Services Inc shares trade on the Toronto Stock Exchange (TSX) under the symbol BYD.TO and the New York Stock Exchange (NYSE) under the symbol BGSI. For more information on The Boyd Group Inc or Boyd Group Services Inc, please visit our website at https://www.boydgroup.com .