Boyd Group Services Inc. (TSE:BYD) Stock Has Average Target Price of C$219.50

Boyd Group Services Inc. (TSE:BYD – Get Free Report) has earned an average rating of “Buy” from the thirteen analysts that are covering the firm, MarketBeat Ratings reports. Eleven investment analysts have rated the stock with a buy rating and two have issued a strong buy rating on the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is C$219.50.

BYD has been the topic of several recent analyst reports. National Bank Financial lifted their target price on Boyd Group Services from C$265.00 to C$270.00 and gave the company an “outperform” rating in a research note on Thursday, August 13th. Desjardins lowered their price target 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. Canadian Imperial Bank of Commerce upped their price target on Boyd Group Services from C$205.00 to C$208.00 in a research note on Thursday, August 13th. Royal Bank Of Canada cut their price objective on shares of Boyd Group Services from C$236.00 to C$224.00 and set an “outperform” rating for the company in a report on Monday, September 14th. Finally, ATB Cormark Capital Markets increased their price objective on shares of Boyd Group Services from C$245.00 to C$250.00 and gave the company an “outperform” rating in a report on Thursday, August 13th.

Get Our Latest Stock Report on BYD

Boyd Group Services Stock Down 0.8%

Shares of BYD stock traded down C$0.91 during midday trading on Friday, reaching C$115.16. 99,660 shares of the stock were exchanged, compared to its average volume of 101,135. Boyd Group Services has a 1 year low of C$107.53 and a 1 year high of C$248.23. The firm has a market cap of C$3.21 billion, a PE ratio of 255.91, a price-to-earnings-growth ratio of -56.72 and a beta of 1.10. The company’s 50 day moving average is C$119.21 and its two-hundred day moving average is C$138.80. The company has a current ratio of 0.58, a quick ratio of 0.30 and a debt-to-equity ratio of 117.12.

Boyd Group Services (TSE:BYD – Get Free Report) last announced its quarterly earnings data on Wednesday, August 12th. The company reported C$1.14 earnings per share (EPS) for the quarter. Boyd Group Services had a return on equity of 0.61% and a net margin of 0.26%. The business had revenue of C$1.44 billion during the quarter. On average, equities research analysts predict that Boyd Group Services will post 7.15 EPS for the current year.

Insider Activity at Boyd Group Services

In related news, insider Jeff Murray purchased 350 shares of the stock in a transaction that occurred on Monday, September 28th. The stock was bought at an average cost of C$111.17 per share, for a total transaction of C$38,909.50. Following the completion of the transaction, the insider directly owned 7,700 shares in the company, valued at C$856,009. This represents a 4.76% increase in their ownership of the stock. Insiders own 0.37% of the company’s stock.

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 .

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Analyst Recommendations for Boyd Group Services (TSE:BYD)

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