Brokerages Set Boyd Group Services Inc. (TSE:BYD) PT at C$230.00

Boyd Group Services Inc. (TSE:BYD) has received an average recommendation of “Buy” from the twelve brokerages that are presently covering the stock, Marketbeat Ratings reports. Eleven research analysts have rated the stock with a buy recommendation and one has assigned 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$230.00.

Several equities analysts recently commented on the stock. Scotia cut their price target on shares of Boyd Group Services from C$239.00 to C$231.00 and set a “sector outperform” rating on the stock in a research note on Thursday, May 14th. BMO Capital Markets lowered their price objective on shares of Boyd Group Services from C$200.00 to C$190.00 in a research note on Thursday, August 13th. TD upped their price objective on Boyd Group Services from C$190.00 to C$200.00 and gave the stock a “buy” rating in a report on Thursday, August 13th. ATB Cormark Capital Markets increased their target price on Boyd Group Services from C$245.00 to C$250.00 and gave the stock an “outperform” rating in a research report on Thursday, August 13th. Finally, Royal Bank Of Canada reduced their target price on Boyd Group Services from C$245.00 to C$236.00 and set an “outperform” rating on the stock in a report on Thursday, August 13th.

Boyd Group Services Stock Down 0.6%

Shares of TSE:BYD opened at C$119.39 on Friday. The company has a current ratio of 0.58, a quick ratio of 0.30 and a debt-to-equity ratio of 117.12. The firm has a market cap of C$3.32 billion, a price-to-earnings ratio of 265.31, a PEG ratio of -56.72 and a beta of 1.02. The stock’s 50-day moving average price is C$137.32 and its two-hundred day moving average price is C$164.90. Boyd Group Services has a 12-month low of C$116.66 and a 12-month high of C$248.23.

Boyd Group Services (TSE:BYD) last announced its quarterly earnings data on Wednesday, August 12th. The company reported C$1.14 earnings per share for the quarter. Boyd Group Services had a net margin of 0.26% and a return on equity of 0.61%. The business had revenue of C$1.44 billion for the quarter. On average, research analysts forecast 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 .