Boyd Group Services (TSE:BYD) Upgraded at Stephens

Stephens upgraded shares of Boyd Group Services (TSE:BYD) to a strong-buy rating in a report issued on Wednesday morning, MarketBeat reports. They currently have C$240.00 price objective on the stock.

A number of other research firms also recently issued reports on BYD. ATB Capital dropped their target price on shares of Boyd Group Services from C$295.00 to C$290.00 and set an “outperform” rating for the company in a research report on Thursday, May 22nd. CIBC decreased their price target on Boyd Group Services from C$286.00 to C$278.00 and set an “outperform” rating for the company in a report on Thursday, April 24th. Stifel Nicolaus reduced their target price on Boyd Group Services from C$265.00 to C$255.00 and set a “buy” rating for the company in a research note on Thursday, May 22nd. The Goldman Sachs Group upgraded Boyd Group Services from a “strong sell” rating to a “hold” rating in a research note on Tuesday, June 3rd. Finally, BMO Capital Markets increased their target price 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. Two research analysts have rated the stock with a hold rating, seven have issued a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat, Boyd Group Services has an average rating of “Buy” and an average price target of C$264.83.

Boyd Group Services Price Performance

TSE:BYD opened at C$207.76 on Wednesday. The firm has a market cap of C$3.15 billion, a price-to-earnings ratio of 76.52, a price-to-earnings-growth ratio of -56.72 and a beta of 0.99. The company has a current ratio of 0.70, a quick ratio of 0.30 and a debt-to-equity ratio of 150.94. The company’s 50-day moving average is C$205.16 and its two-hundred day moving average is C$216.64. Boyd Group Services has a 12-month low of C$191.27 and a 12-month high of C$270.60.

Insider Transactions at Boyd Group Services

In other news, Director Robert Berthold Espey bought 150 shares of the business’s stock in a transaction that occurred on Tuesday, June 10th. The stock was acquired at an average cost of C$201.74 per share, for a total transaction of C$30,261.00. 0.37% of the stock is owned by insiders.

Boyd Group Services Company Profile

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.