Boyd Group Services Inc. (TSE:BYD) Given Consensus Recommendation of “Buy” by Brokerages

Boyd Group Services Inc. (TSE:BYD) has been assigned a consensus rating of “Buy” from the thirteen research firms that are covering the stock, Marketbeat reports. Twelve investment analysts have rated the stock with a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is C$221.29.

Several analysts have recently commented on the company. Desjardins decreased their target price on Boyd Group Services from C$240.00 to C$225.00 and set a “buy” rating on the stock in a report on Thursday, August 13th. National Bank Financial lifted their price target on Boyd Group Services from C$265.00 to C$270.00 and gave the company an “outperform” rating in a report on Thursday, August 13th. ATB Cormark Capital Markets upped their price target on shares of 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. TD increased their price objective on shares of 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. Finally, Canadian Imperial Bank of Commerce raised their price objective on shares of Boyd Group Services from C$205.00 to C$208.00 in a research report on Thursday, August 13th.

Boyd Group Services Stock Up 0.6%

Shares of BYD opened at C$114.16 on Tuesday. The company has a market capitalization of C$3.18 billion, a P/E ratio of 253.69, a PEG ratio of -56.72 and a beta of 0.93. Boyd Group Services has a one year low of C$112.35 and a one year high of C$248.23. The business’s 50 day simple moving average is C$132.45 and its 200-day simple moving average is C$152.43. The company has a debt-to-equity ratio of 117.12, a current ratio of 0.58 and a quick ratio of 0.30.

Boyd Group Services (TSE:BYD) last released its quarterly earnings results on Wednesday, August 12th. The company reported C$1.14 earnings per share for the quarter. Boyd Group Services had a return on equity of 0.61% and a net margin of 0.26%.The firm had revenue of C$1.44 billion during the quarter. As a group, sell-side analysts predict that Boyd Group Services will post 7.1452646 EPS for the current fiscal year.

Boyd Group Services Company Profile

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 .