Boyd Group Services (TSE:BYD) Given New C$290.00 Price Target at CIBC World Markets

Boyd Group Services (TSE:BYD) had its price target increased by CIBC World Markets from C$280.00 to C$290.00 in a research note published on Saturday,BayStreet.CA reports.

Several other analysts also recently weighed in on the company. Stifel Nicolaus boosted their price target on Boyd Group Services from C$265.00 to C$275.00 in a research note on Tuesday, November 4th. Cormark upgraded Boyd Group Services from a “hold” rating to a “moderate buy” rating in a research report on Thursday, October 30th. Canadian Imperial Bank of Commerce raised their price target on shares of Boyd Group Services from C$280.00 to C$290.00 in a research report on Friday. Desjardins raised shares of Boyd Group Services to a “moderate buy” rating in a report on Tuesday, November 4th. Finally, Royal Bank Of Canada increased their price objective on shares of Boyd Group Services from C$272.00 to C$291.00 in a research note on Wednesday, November 5th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, Boyd Group Services presently has a consensus rating of “Buy” and an average target price of C$268.33.

Boyd Group Services Stock Up 4.2%

Shares of Boyd Group Services stock opened at C$242.94 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. The stock has a market cap of C$6.76 billion, a price-to-earnings ratio of 328.30, a PEG ratio of -56.72 and a beta of 0.26. The firm’s 50-day moving average is C$224.82 and its two-hundred day moving average is C$221.08. Boyd Group Services has a 1 year low of C$186.10 and a 1 year high of C$258.17.

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