Raymond James Lowers Boyd Group Services (TSE:BYD) Price Target to C$285.00

Boyd Group Services (TSE:BYD - Get Free Report) had its price target reduced by investment analysts at Raymond James from C$295.00 to C$285.00 in a report issued on Thursday,BayStreet.CA reports. Raymond James' target price suggests a potential upside of 29.39% from the stock's previous close.

Other equities research analysts also recently issued research reports about the company. Stifel Nicolaus lowered their price target on Boyd Group Services from C$280.00 to C$275.00 in a research report on Monday, October 28th. ATB Capital lowered their price objective on Boyd Group Services from C$340.00 to C$320.00 in a research note on Wednesday. Jefferies Financial Group decreased their target price on shares of Boyd Group Services from C$325.00 to C$300.00 in a research note on Friday, August 9th. National Bankshares lowered their price objective on shares of Boyd Group Services from C$270.00 to C$245.00 in a research report on Wednesday. Finally, Royal Bank of Canada decreased their price target on shares of Boyd Group Services from C$306.00 to C$280.00 and set an "outperform" rating on the stock in a research report on Wednesday, October 23rd. Two equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Buy" and an average price target of C$277.75.

Boyd Group Services Stock Up 2.9 %

Shares of TSE:BYD traded up C$6.15 during trading on Thursday, hitting C$220.27. 67,852 shares of the company were exchanged, compared to its average volume of 57,143. Boyd Group Services has a 12-month low of C$198.61 and a 12-month high of C$324.75. The company has a debt-to-equity ratio of 146.14, a current ratio of 0.61 and a quick ratio of 0.30. The firm's 50 day moving average price is C$213.83 and its 200-day moving average price is C$233.72. The stock has a market capitalization of C$4.73 billion, a P/E ratio of 57.10, a PEG ratio of -56.72 and a beta of 0.99.

Boyd Group Services (TSE:BYD - Get Free Report) last announced its earnings results on Tuesday, November 5th. The company reported C$0.20 EPS for the quarter, missing the consensus estimate of C$0.66 by C($0.46). Boyd Group Services had a net margin of 1.93% and a return on equity of 7.21%. The company had revenue of C$1.03 billion for the quarter, compared to analysts' expectations of C$1.03 billion. On average, research analysts predict that Boyd Group Services will post 7.1452646 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Senior Officer Jeff Murray purchased 456 shares of the company's stock in a transaction on Monday, August 12th. The shares were bought at an average cost of C$223.12 per share, for a total transaction of C$101,742.72. 0.37% of the stock is currently owned by corporate insiders.

About Boyd Group Services

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.