Boyd Group Services (TSE:BYD) Given New C$270.00 Price Target at TD Securities

Boyd Group Services (TSE:BYD) had its price objective cut by TD Securities from C$290.00 to C$270.00 in a report issued on Thursday morning,BayStreet.CA reports. They currently have a buy rating on the stock.

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

Boyd Group Services Stock Performance

BYD stock opened at C$190.54 on Thursday. The stock’s 50 day simple moving average is C$226.81 and its 200 day simple moving average is C$225.19. 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 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 company has a current ratio of 3.14, a quick ratio of 0.30 and a debt-to-equity ratio of 99.84.

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

Boyd Group Services News Summary

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 .