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

Shares of Boyd Group Services Inc. (TSE:BYD) have earned an average recommendation of “Buy” from the twelve brokerages that are currently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is C$266.36.

Several equities analysts have recently weighed in on BYD shares. ATB Cormark Capital Markets raised their price target on shares of Boyd Group Services from C$275.00 to C$280.00 in a research note on Thursday, November 13th. Canadian Imperial Bank of Commerce increased their price objective on shares of Boyd Group Services from C$280.00 to C$290.00 in a report on Friday, February 6th. Stifel Nicolaus raised their target price on shares of Boyd Group Services from C$265.00 to C$275.00 in a research note on Tuesday, November 4th. Royal Bank Of Canada upped their price target on Boyd Group Services from C$272.00 to C$291.00 in a research report on Wednesday, November 5th. Finally, Desjardins raised Boyd Group Services to a “moderate buy” rating in a report on Tuesday, November 4th.

Boyd Group Services Stock Up 4.3%

TSE BYD opened at C$240.82 on Friday. The business has a fifty day moving average price of C$226.69 and a 200 day moving average price of C$224.89. Boyd Group Services has a one year low of C$186.10 and a one year high of C$258.17. The company has a debt-to-equity ratio of 150.94, a quick ratio of 0.30 and a current ratio of 0.70. The company has a market cap of C$6.70 billion, a P/E ratio of 325.43, a P/E/G ratio of -56.72 and a beta of 0.26.

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 .