Boyd Group Services (TSE:BYD – Free Report) had its price target trimmed by BMO Capital Markets from C$280.00 to C$250.00 in a research note issued to investors on Thursday,BayStreet.CA reports.
BYD has been the topic of a number of other reports. Jefferies Financial Group lowered their price objective on shares of Boyd Group Services from C$275.00 to C$250.00 in a research note on Thursday. Canadian Imperial Bank of Commerce cut their target price on shares of Boyd Group Services from C$290.00 to C$280.00 in a research report on Thursday. Royal Bank Of Canada reduced their price target on shares of Boyd Group Services from C$294.00 to C$267.00 in a report on Thursday. Finally, Scotiabank set a C$264.00 price target on shares of Boyd Group Services and gave the company an “outperform” rating in a research report on Wednesday, January 14th. Two equities 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 company currently has an average rating of “Buy” and a consensus target price of C$264.25.
Check Out Our Latest Stock Report on BYD
Boyd Group Services Stock Down 1.2%
Boyd Group Services (TSE:BYD – Get Free Report) last announced 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%. Analysts anticipate that Boyd Group Services will post 7.1452646 EPS for the current fiscal year.
Key Headlines 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 .
Read More
Receive News & Ratings for Boyd Group Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Boyd Group Services and related companies with MarketBeat.com's FREE daily email newsletter.
