Boyd Group Services Inc. (TSE:BYD) Receives C$265.60 Average Price Target from Brokerages

Boyd Group Services Inc. (TSE:BYD) has been given an average recommendation of “Buy” by the eleven research firms that are currently covering the company, Marketbeat reports. One research analyst has rated the stock with a hold recommendation, eight have assigned a buy recommendation and two have given a strong buy recommendation to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is C$265.60.

A number of research firms have recently commented on BYD. ATB Capital raised their price objective on Boyd Group Services from C$275.00 to C$280.00 in a report on Thursday, November 13th. Cormark raised shares of Boyd Group Services from a “hold” rating to a “moderate buy” rating in a research report on Thursday, October 30th. Desjardins upgraded shares of Boyd Group Services to a “moderate buy” rating in a report on Tuesday, November 4th. TD Securities boosted their price objective on shares of Boyd Group Services from C$280.00 to C$290.00 and gave the stock a “buy” rating in a research note on Wednesday, November 5th. Finally, Stifel Nicolaus increased their price objective on shares of Boyd Group Services from C$265.00 to C$275.00 in a research report on Tuesday, November 4th.

Boyd Group Services Stock Up 1.8%

Shares of TSE BYD opened at C$219.38 on Thursday. Boyd Group Services has a 52-week low of C$186.10 and a 52-week high of C$258.17. The firm has a fifty day moving average of C$222.50 and a 200-day moving average of C$219.10. The stock has a market capitalization of C$6.11 billion, a PE ratio of 296.46, a P/E/G ratio of -56.72 and a beta of 0.17. The company has a quick ratio of 0.30, a current ratio of 0.70 and a debt-to-equity ratio of 150.94.

Boyd Group Services (TSE:BYD) last issued its earnings results on Wednesday, November 12th. The company reported C$0.62 earnings per share for the quarter. Boyd Group Services had a return on equity of 4.93% and a net margin of 1.35%.The business had revenue of C$1.10 billion for the quarter. On average, analysts anticipate that Boyd Group Services will post 7.1452646 EPS for the current year.

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 .