Boyd Group Services (TSE:BYD) Price Target Lowered to C$275.00 at Raymond James Financial

Boyd Group Services (TSE:BYD) had its price objective reduced by Raymond James Financial from C$290.00 to C$275.00 in a research report sent to investors on Thursday morning,BayStreet.CA reports. They currently have a strong-buy rating on the stock.

BYD has been the subject of a number of other reports. BMO Capital Markets reduced their price objective on shares of Boyd Group Services from C$280.00 to C$250.00 in a research note on Thursday. Jefferies Financial Group dropped their price target on Boyd Group Services from C$275.00 to C$250.00 in a research report on Thursday. Royal Bank Of Canada dropped their target price on Boyd Group Services from C$294.00 to C$267.00 in a report on Thursday. Scotiabank set a C$264.00 price target on shares of Boyd Group Services and gave the stock an “outperform” rating in a research report on Wednesday, January 14th. Finally, Canadian Imperial Bank of Commerce decreased their target price on shares of Boyd Group Services from C$290.00 to C$280.00 in a research note on Thursday. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of C$264.25.

Boyd Group Services Stock Down 1.2%

Shares of Boyd Group Services stock opened at C$190.54 on Thursday. Boyd Group Services has a 12-month low of C$184.20 and a 12-month high of C$248.23. The firm has a market capitalization of C$5.30 billion, a PE ratio of 257.49, a price-to-earnings-growth ratio of -56.72 and a beta of 0.40. The company has a quick ratio of 0.30, a current ratio of 3.14 and a debt-to-equity ratio of 99.84. The stock’s fifty day moving average is C$226.81 and its 200-day moving average is C$225.19.

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

Trending Headlines about 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

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 .