Boyd Group Services (TSE:BYD) Given New C$275.00 Price Target at CIBC

Boyd Group Services (TSE:BYD - Free Report) had its price target hoisted by CIBC from C$272.00 to C$275.00 in a research report report published on Monday,BayStreet.CA reports.

Several other research analysts also recently issued reports on the company. Stifel Nicolaus cut their price target on Boyd Group Services from C$280.00 to C$275.00 in a research note on Monday, October 28th. BMO Capital Markets dropped their target price on shares of Boyd Group Services from C$260.00 to C$250.00 in a report on Wednesday, November 6th. National Bankshares reduced their price target on shares of Boyd Group Services from C$270.00 to C$245.00 in a report on Wednesday, November 6th. TD Securities raised their price objective on shares of Boyd Group Services from C$270.00 to C$290.00 and gave the stock a "buy" rating in a research note on Thursday, January 30th. Finally, Royal Bank of Canada cut their price objective on Boyd Group Services from C$306.00 to C$280.00 and set an "outperform" rating for the company in a research report on Wednesday, October 23rd. One research analyst has rated the stock with a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Buy" and an average target price of C$280.00.

Boyd Group Services Price Performance

Shares of TSE:BYD traded down C$1.78 during trading on Monday, hitting C$235.00. 55,728 shares of the stock were exchanged, compared to its average volume of 54,868. The company has a market cap of C$3.56 billion, a PE ratio of 86.56, a P/E/G ratio of -56.72 and a beta of 0.99. The company has a current ratio of 0.70, a quick ratio of 0.30 and a debt-to-equity ratio of 150.94. The company has a fifty day moving average price of C$221.25 and a two-hundred day moving average price of C$219.08. Boyd Group Services has a 12-month low of C$198.61 and a 12-month high of C$324.75.

Insiders Place Their Bets

In other news, Director Robert Berthold Espey purchased 200 shares of the stock in a transaction on Tuesday, November 26th. The stock was purchased at an average price of C$220.00 per share, with a total value of C$44,000.00. 0.37% of the stock is owned by corporate insiders.

Boyd Group Services Company Profile

Boyd Group Services Inc, together with its subsidiaries, operates non-franchised collision repair centers in North America. The company operates its locations under the Boyd Autobody & Glass and Assured Automotive names in Canada; and Gerber Collision & Glass name in the United States. It also operates as a retail auto glass operator under the Gerber Collision & Glass, Glass America, Auto Glass Service, Auto Glass Authority, and Autoglassonly.com names in the United States.