Analysts Set Boyd Group Services Inc. (TSE:BYD) Price Target at C$262.17

Boyd Group Services Inc. (TSE:BYD) has been given a consensus rating of “Buy” by the fourteen brokerages that are currently covering the stock, MarketBeat reports. One research analyst has rated the stock with a hold recommendation, eleven have issued a buy recommendation and two have issued a strong buy recommendation on the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is C$237.14.

A number of research firms recently commented on BYD. Scotia decreased their target price on Boyd Group Services from C$239.00 to C$231.00 and set a “sector outperform” rating on the stock in a research report on Thursday, May 14th. Desjardins decreased their target price on Boyd Group Services from C$260.00 to C$240.00 and set a “buy” rating on the stock in a research report on Thursday, May 14th. BMO Capital Markets decreased their target price on Boyd Group Services from C$250.00 to C$200.00 in a research report on Thursday, May 14th. TD decreased their price objective on Boyd Group Services from C$270.00 to C$190.00 and set a “buy” rating on the stock in a research report on Thursday, May 14th. Finally, Royal Bank Of Canada decreased their price objective on Boyd Group Services from C$267.00 to C$245.00 in a research report on Friday, May 15th.

Insider Transactions at Boyd Group Services

In related news, insider Brian Kaner acquired 1,180 shares of the firm’s stock in a transaction on Tuesday, March 31st. The shares were acquired at an average cost of C$173.43 per share, for a total transaction of C$204,647.40. Following the completion of the transaction, the insider directly owned 1,780 shares in the company, valued at approximately C$308,705.40. This trade represents a 196.67% increase in their position. 0.37% of the stock is currently owned by company insiders.

Boyd Group Services Price Performance

TSE:BYD opened at C$144.25 on Wednesday. The company has a current ratio of 0.60, a quick ratio of 0.30 and a debt-to-equity ratio of 119.31. The company has a market capitalization of C$4.01 billion, a P/E ratio of 218.56, a P/E/G ratio of -56.72 and a beta of 0.75. Boyd Group Services has a 12 month low of C$129.74 and a 12 month high of C$248.23. The business’s 50-day moving average is C$174.59 and its 200 day moving average is C$207.87.

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

Boyd Group Services Company Profile

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 .