Boyd Group Services (TSE:BYD) Price Target Raised to C$290.00

Boyd Group Services (TSE:BYD) had its price objective boosted by CIBC World Markets from C$280.00 to C$290.00 in a research note released on Saturday,BayStreet.CA reports.

BYD has been the topic of a number of other reports. Royal Bank Of Canada upped their price objective on shares of Boyd Group Services from C$272.00 to C$291.00 in a research note on Wednesday, November 5th. ATB Capital upped their price target on shares of Boyd Group Services from C$275.00 to C$280.00 in a research report on Thursday, November 13th. Canadian Imperial Bank of Commerce increased their price target on Boyd Group Services from C$280.00 to C$290.00 in a report on Friday. Scotiabank set a C$264.00 price objective on Boyd Group Services and gave the stock an “outperform” rating in a research report on Wednesday, January 14th. Finally, TD Securities upped their target price on Boyd Group Services from C$280.00 to C$290.00 and gave the company a “buy” rating in a research report on Wednesday, November 5th. Two research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, Boyd Group Services presently has a consensus rating of “Buy” and a consensus price target of C$268.33.

Boyd Group Services Price Performance

BYD stock opened at C$241.45 on Friday. The stock has a market cap of C$6.72 billion, a price-to-earnings ratio of 326.28, a P/E/G ratio of -56.72 and a beta of 0.26. The company has a debt-to-equity ratio of 150.94, a current ratio of 0.70 and a quick ratio of 0.30. The company has a 50 day simple moving average of C$224.94 and a 200 day simple moving average of C$221.45. Boyd Group Services has a 1 year low of C$186.10 and a 1 year high of C$258.17.

Boyd Group Services (TSE:BYD) last issued its earnings results on Wednesday, November 12th. The company reported C$0.62 earnings per share (EPS) for the quarter. Boyd Group Services had a return on equity of 4.93% and a net margin of 1.35%.The business had revenue of C$1.10 billion during the quarter. Research analysts anticipate that Boyd Group Services will post 7.1452646 EPS 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 .