Stifel Nicolaus Cuts Boyd Group Services (TSE:BYD) Price Target to C$270.00

Boyd Group Services (TSE:BYD - Get Free Report) had its target price cut by research analysts at Stifel Nicolaus from C$285.00 to C$270.00 in a note issued to investors on Friday,BayStreet.CA reports. The brokerage currently has a "buy" rating on the stock. Stifel Nicolaus' price objective suggests a potential upside of 30.96% from the stock's current price.

Other research analysts have also issued reports about the stock. Cormark dropped their price target on shares of Boyd Group Services from C$240.00 to C$200.00 in a research report on Thursday, March 20th. CIBC boosted their target price on Boyd Group Services from C$281.00 to C$286.00 and gave the stock an "outperform" rating in a research note on Thursday, March 20th. TD Securities upped their target price on Boyd Group Services from C$270.00 to C$290.00 and gave the company a "buy" rating in a report on Thursday, January 30th. Royal Bank of Canada dropped their price target on Boyd Group Services from C$282.00 to C$277.00 in a report on Thursday, March 20th. Finally, BMO Capital Markets upped their price objective on Boyd Group Services from C$250.00 to C$280.00 and gave the company a "strong-buy" rating in a research note on Thursday, March 20th. One analyst has rated the stock with a hold rating, nine have issued a buy rating and three have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus target price of C$274.83.

Boyd Group Services Stock Down 0.8 %

Shares of TSE:BYD traded down C$1.58 during mid-day trading on Friday, hitting C$206.17. 17,237 shares of the company traded hands, compared to its average volume of 57,676. The stock has a 50-day moving average price of C$233.15 and a two-hundred day moving average price of C$220.76. Boyd Group Services has a 12-month low of C$198.61 and a 12-month high of C$291.53. The stock has a market cap of C$3.13 billion, a P/E ratio of 75.94, 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.

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.