Boyd Group Services (TSE:BYD) Given New C$280.00 Price Target at Canadian Imperial Bank of Commerce

Boyd Group Services (TSE:BYD) had its price objective cut by Canadian Imperial Bank of Commerce from C$290.00 to C$280.00 in a report published on Thursday morning,BayStreet.CA reports.

BYD has been the subject of a number of other reports. Scotiabank set a C$264.00 price objective on Boyd Group Services and gave the company an “outperform” rating in a research note on Wednesday, January 14th. Royal Bank Of Canada decreased their target price on Boyd Group Services from C$294.00 to C$267.00 in a research note on Thursday. Finally, Jefferies Financial Group lowered their target price on Boyd Group Services from C$275.00 to C$250.00 in a report on Thursday. 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 stock. According to data from MarketBeat, Boyd Group Services has an average rating of “Buy” and a consensus price target of C$264.25.

Boyd Group Services Stock Performance

Shares of BYD stock opened at C$190.54 on Thursday. The company has a debt-to-equity ratio of 99.84, a quick ratio of 0.30 and a current ratio of 3.14. The firm has a market cap of C$5.30 billion, a P/E ratio of 257.49, a P/E/G ratio of -56.72 and a beta of 0.40. The firm’s 50 day moving average price is C$226.81 and its 200-day moving average price is C$225.19. Boyd Group Services has a one year low of C$184.20 and a one year high of C$248.23.

Boyd Group Services (TSE:BYD) last posted its earnings results on Wednesday, March 18th. The company reported C$1.24 earnings per share for the quarter. The firm had revenue of C$1.04 billion during the quarter. Boyd Group Services had a net margin of 0.59% and a return on equity of 1.66%. As a group, equities research analysts predict that Boyd Group Services will post 7.1452646 EPS for the current year.

Key Stories Impacting Boyd Group Services

Here are the key news stories impacting Boyd Group Services this week:

• Positive Sentiment: Several firms kept buy/strong‑buy views despite trimming targets, leaving large implied upside that can support investor interest — Raymond James kept a “strong‑buy” rating with a C$275 target (≈44% upside). Raymond James lowers target
• Positive Sentiment: TD Securities cut its target but maintained a “buy” rating (C$270, ≈42% upside), signaling continued analyst confidence in medium‑term upside. TD lowers target TickerReport
• Neutral Sentiment: Q4 results: BYD reported C$1.24 EPS on C$1.04B revenue; net margin was low (0.52%) and ROE was 1.91%. Investors will parse margins, leverage and management commentary from the call for guidance clues. Earnings Transcript Press Release
• Negative Sentiment: Multiple major dealers trimmed price targets today (CIBC 290→280, RBC 294→267, Jefferies 275→250, BMO 280→250 and others). Even though targets still imply sizable upside, the cuts suggest slightly reduced growth or margin expectations and are likely depressing near‑term sentiment. Analyst target changes

About Boyd Group Services

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 .