Royal Bank Of Canada Has Lowered Expectations for Boyd Group Services (TSE:BYD) Stock Price

Boyd Group Services (TSE:BYD – Get Free Report) had its price target decreased by investment analysts at Royal Bank Of Canada from C$236.00 to C$224.00 in a research note issued to investors on Monday, BayStreet reports. Royal Bank Of Canada’s price target points to a potential upside of 77.54% from the stock’s current price.

BYD has been the subject of several other research reports. TD increased their target price on Boyd Group Services from C$190.00 to C$200.00 and gave the stock a “buy” rating in a research report on Thursday, August 13th. Scotiabank dropped their price target on Boyd Group Services from C$219.00 to C$210.00 and set a “sector outperform” rating on the stock in a research report on Thursday, August 13th. Jefferies Financial Group reduced their price target on Boyd Group Services from C$250.00 to C$225.00 in a research note on Thursday, August 13th. Desjardins decreased their price objective on Boyd Group Services from C$240.00 to C$225.00 and set a “buy” rating for the company in a report on Thursday, August 13th. Finally, Canadian Imperial Bank of Commerce raised their price objective on Boyd Group Services from C$205.00 to C$208.00 in a research report on Thursday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating and eleven have given a Buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of C$229.08.

Get Boyd Group Services alerts:

Check Out Our Latest Stock Analysis on Boyd Group Services

Boyd Group Services Trading Up 0.9%

Shares of Boyd Group Services stock traded up C$1.17 during midday trading on Monday, reaching C$126.17. 79,248 shares of the company’s stock traded hands, compared to its average volume of 99,181. The company has a debt-to-equity ratio of 117.12, a quick ratio of 0.30 and a current ratio of 0.58. The company has a market cap of C$3.51 billion, a PE ratio of 280.38, a price-to-earnings-growth ratio of -56.72 and a beta of 0.93. The stock has a 50 day moving average of C$134.35 and a 200-day moving average of C$155.98. Boyd Group Services has a 12 month low of C$112.35 and a 12 month high of C$248.23.

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

About Boyd Group Services

(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 .

Featured Articles

• Five stocks we like better than Boyd Group Services
• Analysts Are Punting Their Calls Into the Next Quarter After Adobe’s Mixed Earnings
• Institutional Money Is Pouring Into These 2 Altcoin ETFs
• The End of Big Tech Buybacks? Only One Hyperscaler Is Still Repurchasing Shares
• 3 Dividend Kings to Buy While They’re Still Beaten Down

Receive News & Ratings for Boyd Group Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Boyd Group Services and related companies with MarketBeat.com's FREE daily email newsletter.