Boyd Group Services Inc. (TSE:BYD) Receives C$229.08 Consensus Target Price from Analysts

Shares of Boyd Group Services Inc. (TSE:BYD) have been given an average recommendation of “Buy” by the thirteen brokerages that are presently covering the firm, MarketBeat Ratings reports. Twelve analysts have rated the stock with a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among analysts that have covered the stock in the last year is C$221.29.

A number of brokerages have commented on BYD. National Bank Financial upped their price objective on Boyd Group Services from C$265.00 to C$270.00 and gave the company an “outperform” rating in a report on Thursday, August 13th. TD lifted their target price on Boyd Group Services from C$190.00 to C$200.00 and gave the stock a “buy” rating in a report on Thursday, August 13th. Jefferies Financial Group reduced their target price on shares of Boyd Group Services from C$250.00 to C$225.00 in a research report on Thursday, August 13th. ATB Cormark Capital Markets upped their price target on shares of Boyd Group Services from C$245.00 to C$250.00 and gave the company an “outperform” rating in a research note on Thursday, August 13th. Finally, Mizuho set a C$120.00 price target on shares of Boyd Group Services and gave the stock an “outperform” rating in a research report on Friday.

Boyd Group Services Stock Down 1.9%

Boyd Group Services stock opened at C$112.01 on Tuesday. The company’s 50-day moving average price is C$131.97 and its two-hundred day moving average price is C$150.96. The company has a quick ratio of 0.30, a current ratio of 0.58 and a debt-to-equity ratio of 117.12. The stock has a market cap of C$3.12 billion, a P/E ratio of 248.91, a P/E/G ratio of -56.72 and a beta of 0.93. Boyd Group Services has a twelve month low of C$111.88 and a twelve month high of C$248.23.

Boyd Group Services (TSE:BYD) last posted its earnings results on Wednesday, August 12th. The company reported C$1.14 EPS for the quarter. The company had revenue of C$1.44 billion for the quarter. Boyd Group Services had a return on equity of 0.61% and a net margin of 0.26%. As a group, analysts expect that Boyd Group Services will post 7.1452646 EPS for the current 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 .