Stifel Nicolaus Has Lowered Expectations for Boyd Group Services (TSE:BYD) Stock Price

Boyd Group Services (TSE:BYD) had its price target cut by equities researchers at Stifel Nicolaus from C$255.00 to C$205.00 in a research report issued to clients and investors on Thursday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. Stifel Nicolaus’ price objective indicates a potential upside of 44.50% from the stock’s previous close.

A number of other research firms have also recently issued reports on BYD. ATB Cormark Capital Markets cut their target price on Boyd Group Services from C$285.00 to C$245.00 and set an “outperform” rating on the stock in a research note on Thursday. Desjardins lowered their price objective on Boyd Group Services from C$260.00 to C$240.00 and set a “buy” rating on the stock in a research note on Thursday. Scotia dropped their price objective on Boyd Group Services from C$239.00 to C$231.00 and set a “sector outperform” rating on the stock in a research note on Thursday. Canadian Imperial Bank of Commerce decreased their price objective on Boyd Group Services from C$275.00 to C$205.00 in a report on Thursday. Finally, Jefferies Financial Group dropped their price target on shares of Boyd Group Services from C$275.00 to C$250.00 in a research report on Thursday, March 19th. Two research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of C$237.14.

Boyd Group Services Price Performance

BYD stock opened at C$141.87 on Thursday. The company has a quick ratio of 0.30, a current ratio of 0.60 and a debt-to-equity ratio of 119.31. Boyd Group Services has a fifty-two week low of C$129.74 and a fifty-two week high of C$248.23. The business has a 50 day moving average price of C$177.96 and a 200 day moving average price of C$208.88. The stock has a market cap of C$3.95 billion, a price-to-earnings ratio of 173.01, a PEG ratio of -56.72 and a beta of 0.75.

Boyd Group Services (TSE:BYD) last announced its quarterly earnings data on Wednesday, May 13th. The company reported C$0.81 earnings per share for the quarter. Boyd Group Services had a return on equity of 1.04% and a net margin of 0.40%.The firm had revenue of C$1.39 billion for the quarter. Equities research analysts anticipate that Boyd Group Services will post 7.1452646 earnings per share for the current fiscal year.

Insider Activity at Boyd Group Services

In related news, insider Brian Kaner bought 1,180 shares of the business’s stock in a transaction that occurred on Tuesday, March 31st. The stock was bought at an average cost of C$173.43 per share, with a total value of C$204,647.40. Following the completion of the purchase, the insider owned 1,780 shares of the company’s stock, valued at approximately C$308,705.40. The trade was a 196.67% increase in their position. 0.37% of the stock is owned by insiders.

Trending Headlines about Boyd Group Services

Here are the key news stories impacting Boyd Group Services this week:

• Positive Sentiment: Boyd Group reported record first-quarter 2026 sales of $996.7 million and adjusted EBITDA of $122.4 million, helped by market-share gains, same-store sales growth, and a strategic acquisition. Article Title
• Neutral Sentiment: Despite the strong top-line and EBITDA results, the stock fell after earnings, suggesting investors were disappointed by profitability, margin expectations, or forward guidance. Article Title
• Neutral Sentiment: Royal Bank of Canada lowered its price target to C$245 from C$267, still implying significant upside, but the cut adds to the cautious tone around the stock. Article Title
• Negative Sentiment: A broad group of analysts cut their targets, including TD to C$190, BMO to C$200, CIBC to C$205, Stifel to C$205, Scotia to C$231, Desjardins to C$240, and ATB Cormark to C$245, which likely weighed on sentiment and contributed to the decline in BYD shares. Article Title

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 .