Boyd Group Services (TSE:BYD) Given New C$270.00 Price Target at Stifel Nicolaus

Boyd Group Services (TSE:BYD - Get Free Report) had its price objective dropped by Stifel Nicolaus from C$285.00 to C$270.00 in a research report issued to clients and investors on Friday,BayStreet.CA reports. The brokerage presently has a "buy" rating on the stock. Stifel Nicolaus' price objective points to a potential upside of 29.96% from the company's current price.

A number of other analysts have also commented on BYD. National Bankshares decreased their target price on Boyd Group Services from C$275.00 to C$260.00 and set an "outperform" rating for the company in a research report on Thursday. Desjardins reduced their price target on shares of Boyd Group Services from C$270.00 to C$255.00 and set a "buy" rating for the company in a research report on Thursday. Cormark lowered their price objective on shares of Boyd Group Services from C$240.00 to C$200.00 in a report on Thursday. TD Securities raised their price objective on shares of Boyd Group Services from C$270.00 to C$290.00 and gave the company a "buy" rating in a research note on Thursday, January 30th. Finally, BMO Capital Markets boosted their target price on shares of Boyd Group Services from C$250.00 to C$280.00 in a research report on Thursday. One investment analyst has rated the stock with a hold rating, ten have issued a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Buy" and a consensus target price of C$274.83.

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Boyd Group Services Trading Down 1.3 %

Shares of BYD stock traded down C$2.68 on Friday, hitting C$207.75. The company had a trading volume of 54,104 shares, compared to its average volume of 58,388. The stock's 50-day moving average is C$233.25 and its two-hundred day moving average is C$220.87. The company has a debt-to-equity ratio of 150.94, a quick ratio of 0.30 and a current ratio of 0.70. The firm has a market cap of C$3.15 billion, a P/E ratio of 76.52, a P/E/G ratio of -56.72 and a beta of 0.99. Boyd Group Services has a twelve month low of C$198.61 and a twelve month high of C$291.53.

Boyd Group Services Company Profile

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.