Brokerages Set Boyd Group Services Inc. (TSE:BYD) Target Price at C$265.60

Shares of Boyd Group Services Inc. (TSE:BYD) have been given an average rating of “Buy” by the eleven analysts that are covering the company, MarketBeat reports. One research analyst has rated the stock with a hold recommendation, eight have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is C$265.60.

Several brokerages recently weighed in on BYD. Royal Bank Of Canada raised their price target on shares of Boyd Group Services from C$272.00 to C$291.00 in a research report on Wednesday, November 5th. ATB Capital lifted their target price on Boyd Group Services from C$275.00 to C$280.00 in a research report on Thursday, November 13th. Desjardins upgraded Boyd Group Services to a “moderate buy” rating in a report on Tuesday, November 4th. Stifel Nicolaus raised their price objective on Boyd Group Services from C$265.00 to C$275.00 in a research note on Tuesday, November 4th. Finally, Cormark raised shares of Boyd Group Services from a “hold” rating to a “moderate buy” rating in a report on Thursday, October 30th.

Boyd Group Services Stock Performance

TSE BYD opened at C$218.32 on Thursday. The company has a market cap of C$6.08 billion, a P/E ratio of 295.03, a PEG ratio of -56.72 and a beta of 0.17. The company has a fifty day simple moving average of C$222.37 and a 200 day simple moving average of C$219.20. The company has a current ratio of 0.70, a quick ratio of 0.30 and a debt-to-equity ratio of 150.94. Boyd Group Services has a 12-month low of C$186.10 and a 12-month high of C$258.17.

Boyd Group Services (TSE:BYD) last released its quarterly earnings data on Wednesday, November 12th. The company reported C$0.62 earnings per share for the quarter. The firm had revenue of C$1.10 billion for the quarter. Boyd Group Services had a net margin of 1.35% and a return on equity of 4.93%. Sell-side analysts predict that Boyd Group Services will post 7.1452646 earnings per share for the current fiscal year.

About Boyd Group Services

Boyd Group Services Inc is a Canadian corporation and controls The Boyd Group Inc and its subsidiaries. Boyd Group Services Inc shares trade on the Toronto Stock Exchange (TSX) under the symbol BYD.TO and the New York Stock Exchange (NYSE) under the symbol BGSI. For more information on The Boyd Group Inc or Boyd Group Services Inc, please visit our website at https://www.boydgroup.com .