Boyd Group Services (TSE:BYD) Price Target Raised to C$275.00

Boyd Group Services (TSE:BYD) had its price objective boosted by Stifel Nicolaus from C$265.00 to C$275.00 in a research report released on Tuesday morning,BayStreet.CA reports.

Other equities analysts also recently issued research reports about the company. CIBC increased their price objective on Boyd Group Services from C$257.00 to C$270.00 and gave the stock an “outperform” rating in a report on Monday, October 20th. Royal Bank Of Canada increased their price target on shares of Boyd Group Services from C$270.00 to C$272.00 and gave the stock an “outperform” rating in a research note on Thursday, August 14th. ATB Capital lowered their price target on shares of Boyd Group Services from C$290.00 to C$270.00 and set an “outperform” rating for the company in a research report on Thursday, August 14th. Desjardins upped their price objective on shares of Boyd Group Services from C$255.00 to C$270.00 and gave the stock a “buy” rating in a report on Thursday, August 14th. Finally, National Bankshares raised their target price on shares of Boyd Group Services from C$245.00 to C$250.00 and gave the company an “outperform” rating in a research note on Thursday, August 14th. Two research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of C$264.60.

Boyd Group Services Stock Down 1.6%

Shares of TSE:BYD opened at C$211.99 on Tuesday. The firm has a market capitalization of C$4.55 billion, a P/E ratio of 557.87, a P/E/G ratio of -56.72 and a beta of 0.32. The company has a debt-to-equity ratio of 150.94, a quick ratio of 0.30 and a current ratio of 0.70. The stock has a 50 day moving average price of C$225.65 and a 200-day moving average price of C$213.54. Boyd Group Services has a 52-week low of C$186.10 and a 52-week high of C$258.17.

Boyd Group Services Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 29th. Stockholders of record on Tuesday, September 30th were paid a $0.153 dividend. This represents a $0.61 annualized dividend and a dividend yield of 0.3%. Boyd Group Services’s dividend payout ratio is presently 114.83%.

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.