Boyd Group Services (TSE:BYD) Given New C$280.00 Price Target at TD Securities

Boyd Group Services (TSE:BYD) had its price objective reduced by TD Securities from C$290.00 to C$280.00 in a research report sent to investors on Thursday,BayStreet.CA reports. They currently have a buy rating on the stock.

Other equities research analysts have also recently issued research reports about the company. BMO Capital Markets raised their price objective on Boyd Group Services from C$250.00 to C$280.00 and gave the company a “strong-buy” rating in a research note on Thursday, March 20th. ATB Capital cut their target price on Boyd Group Services from C$295.00 to C$290.00 and set an “outperform” rating on the stock in a research report on Thursday. Cormark cut their target price on Boyd Group Services from C$240.00 to C$200.00 in a research report on Thursday, March 20th. Royal Bank of Canada cut their target price on Boyd Group Services from C$277.00 to C$270.00 and set an “outperform” rating on the stock in a research report on Thursday. Finally, National Bankshares cut their target price on Boyd Group Services from C$275.00 to C$260.00 and set an “outperform” rating on the stock in a research report on Thursday, March 20th. One analyst has rated the stock with a hold rating, seven have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of “Buy” and an average price target of C$267.09.

Boyd Group Services Trading Down 0.8%

Shares of Boyd Group Services stock opened at C$208.54 on Thursday. The company has a debt-to-equity ratio of 150.94, a quick ratio of 0.30 and a current ratio of 0.70. Boyd Group Services has a 52 week low of C$191.27 and a 52 week high of C$270.60. The stock has a 50 day moving average price of C$206.63 and a two-hundred day moving average price of C$218.58. The stock has a market capitalization of C$3.16 billion, a PE ratio of 76.81, a price-to-earnings-growth ratio of -56.72 and a beta of 0.99.

Insiders Place Their Bets

In other news, Director Robert Berthold Espey bought 150 shares of the stock in a transaction on Thursday, April 3rd. The shares were purchased at an average cost of C$204.50 per share, for a total transaction of C$30,675.00. Insiders own 0.37% of the company’s stock.

About Boyd Group Services

Boyd Group Services Inc is a personal services company that provides auto body and auto glass repair services at its portfolio of facilities located across the United States and Canada. The company operates in Canada primarily under the Boyd Autobody and Glass brand name, while its most notable U.S. brand is Gerber Collision and Glass.