Royal Bank of Canada Cuts Boyd Group Services (TSE:BYD) Price Target to C$277.00

Boyd Group Services (TSE:BYD - Get Free Report) had its price objective dropped by analysts at Royal Bank of Canada from C$282.00 to C$277.00 in a research note issued to investors on Thursday,BayStreet.CA reports. Royal Bank of Canada's price target indicates a potential upside of 33.34% from the stock's previous close.

BYD has been the topic of a number of other reports. TD Securities lifted their target price on Boyd Group Services from C$270.00 to C$290.00 and gave the stock a "buy" rating in a report on Thursday, January 30th. CIBC boosted their target price on shares of Boyd Group Services from C$276.00 to C$281.00 in a report on Friday, February 28th. One research analyst has rated the stock with a hold rating, ten have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Buy" and an average target price of C$274.83.

Boyd Group Services Price Performance

TSE BYD traded down C$2.69 on Thursday, reaching C$207.74. 17,941 shares of the stock traded hands, compared to its average volume of 57,691. Boyd Group Services has a 12 month low of C$198.61 and a 12 month high of C$291.53. The company has a market cap of C$3.15 billion, a price-to-earnings ratio of 76.52, a P/E/G ratio of -56.72 and a beta of 0.99. The firm's fifty day simple moving average is C$233.25 and its 200 day simple moving average is C$220.87. The company has a quick ratio of 0.30, a current ratio of 0.70 and a debt-to-equity ratio of 150.94.

Remove Ads

About Boyd Group Services

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.