Brokerages Set Boyd Group Services Inc. (TSE:BYD) Price Target at C$262.17

Posted by Stanley Muller on May 18th, 2026

Boyd Group Services Inc. (TSE:BYD – Get Free Report) has been assigned an average recommendation of “Buy” from the fourteen ratings firms that are covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is C$237.14.

A number of analysts have weighed in on the stock. TD decreased their target price on shares of Boyd Group Services from C$270.00 to C$190.00 and set a “buy” rating on the stock in a research note on Thursday. Jefferies Financial Group decreased their target price on shares of Boyd Group Services from C$275.00 to C$250.00 in a research note on Thursday, March 19th. National Bank Financial reduced their price objective on shares of Boyd Group Services from C$290.00 to C$265.00 and set an “outperform” rating on the stock in a research note on Friday, May 1st. Canadian Imperial Bank of Commerce reduced their price objective on shares of Boyd Group Services from C$275.00 to C$205.00 in a research note on Thursday. Finally, Scotia reduced their price objective 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.

Read Our Latest Stock Report on BYD

Insider Buying and Selling at Boyd Group Services

In related news, insider Brian Kaner acquired 1,180 shares of the stock in a transaction dated Tuesday, March 31st. The stock was bought at an average cost of C$173.43 per share, for a total transaction of C$204,647.40. Following the completion of the transaction, the insider directly owned 1,780 shares of the company’s stock, valued at C$308,705.40. The trade was a 196.67% increase in their ownership of the stock. Insiders own 0.37% of the company’s stock.

Key Boyd Group Services News

Here are the key news stories impacting Boyd Group Services this week:

Positive Sentiment: Boyd Group reported record first-quarter 2026 sales of $996.7 million and adjusted EBITDA of $122.4 million, helped by market-share gains, same-store sales growth, and a strategic acquisition. Article Title
Neutral Sentiment: Despite the strong top-line and EBITDA results, the stock fell after earnings, suggesting investors were disappointed by profitability, margin expectations, or forward guidance. Article Title
Neutral Sentiment: Royal Bank of Canada lowered its price target to C$245 from C$267, still implying significant upside, but the cut adds to the cautious tone around the stock. Article Title
Negative Sentiment: A broad group of analysts cut their targets, including TD to C$190, BMO to C$200, CIBC to C$205, Stifel to C$205, Scotia to C$231, Desjardins to C$240, and ATB Cormark to C$245, which likely weighed on sentiment and contributed to the decline in BYD shares. Article Title

Boyd Group Services Stock Performance

TSE BYD opened at C$141.87 on Wednesday. The firm’s fifty day moving average price is C$177.96 and its two-hundred day moving average price is C$208.83. The stock has a market cap of C$3.95 billion, a PE ratio of 214.95, a PEG ratio of -56.72 and a beta of 0.75. Boyd Group Services has a fifty-two week low of C$129.74 and a fifty-two week high of C$248.23. The company has a debt-to-equity ratio of 119.31, a quick ratio of 0.30 and a current ratio of 0.60.

Boyd Group Services (TSE:BYD – Get Free Report) last posted its earnings results on Wednesday, May 13th. The company reported C$0.81 earnings per share for the quarter. The firm had revenue of C$1.39 billion for the quarter. Boyd Group Services had a net margin of 0.40% and a return on equity of 1.04%. On average, equities analysts expect that Boyd Group Services will post 7.1452646 EPS for the current fiscal year.

Boyd Group Services Company Profile

(Get Free Report)

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 .