Boyd Group Services (TSE:BYD – Get Free Report) had its price target cut by investment analysts at TD from C$270.00 to C$190.00 in a research report issued to clients and investors on Thursday,BayStreet.CA reports. The firm currently has a “buy” rating on the stock. TD’s price target suggests a potential upside of 32.51% from the stock’s previous close.
Several other equities analysts have also issued reports on the company. National Bank Financial reduced their price target on Boyd Group Services from C$290.00 to C$265.00 and set an “outperform” rating on the stock in a research report on Friday, May 1st. Jefferies Financial Group reduced their price target on Boyd Group Services from C$275.00 to C$250.00 in a research report on Thursday, March 19th. Royal Bank Of Canada reduced their price target on Boyd Group Services from C$294.00 to C$267.00 in a research report on Thursday, March 19th. Stifel Nicolaus reduced their price target on Boyd Group Services from C$265.00 to C$255.00 and set a “buy” rating on the stock in a research report on Tuesday, May 5th. Finally, BMO Capital Markets reduced their price target on Boyd Group Services from C$250.00 to C$200.00 in a research report on Thursday. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of C$238.71.
View Our Latest Analysis on BYD
Boyd Group Services Trading Up 6.6%
Boyd Group Services (TSE:BYD – Get Free Report) last posted its quarterly earnings results on Wednesday, May 13th. The company reported C$0.81 earnings per share (EPS) for the quarter. Boyd Group Services had a return on equity of 1.74% and a net margin of 0.58%.The business had revenue of C$1.39 billion for the quarter. Sell-side analysts expect that Boyd Group Services will post 7.1452646 earnings per share for the current year.
Insider Buying and Selling at Boyd Group Services
In other Boyd Group Services news, insider Brian Kaner acquired 1,180 shares of the business’s stock in a transaction dated Tuesday, March 31st. The shares were purchased at an average cost of C$173.43 per share, for a total transaction of C$204,647.40. Following the transaction, the insider owned 1,780 shares in the company, valued at C$308,705.40. This represents a 196.67% increase in their ownership of the stock. Corporate insiders own 0.37% of the company’s stock.
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 .
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