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

Boyd Group Services (TSE:BYD) had its price objective boosted by TD Securities from C$270.00 to C$290.00 in a report issued on Thursday,BayStreet.CA reports. TD Securities currently has a buy rating on the stock.

Other research analysts have also issued reports about the company. National Bankshares reduced their target price on Boyd Group Services from C$270.00 to C$245.00 in a report on Wednesday, November 6th. BMO Capital Markets reduced their target price on Boyd Group Services from C$260.00 to C$250.00 in a report on Wednesday, November 6th. Stifel Nicolaus reduced their target price on Boyd Group Services from C$280.00 to C$275.00 in a report on Monday, October 28th. ATB Capital reduced their target price on Boyd Group Services from C$340.00 to C$320.00 in a report on Wednesday, November 6th. Finally, Royal Bank of Canada reduced their target price on Boyd Group Services from C$306.00 to C$280.00 and set an “outperform” rating on the stock in a report on Wednesday, October 23rd. One research analyst has rated the stock with a hold rating, nine have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of C$279.75.

Boyd Group Services Stock Up 1.5 %

TSE:BYD opened at C$240.44 on Thursday. Boyd Group Services has a 12-month low of C$198.61 and a 12-month high of C$324.75. The company has a quick ratio of 0.30, a current ratio of 0.61 and a debt-to-equity ratio of 146.14. The firm has a market capitalization of C$5.16 billion, a P/E ratio of 64.12, a P/E/G ratio of -56.72 and a beta of 0.99. The stock’s fifty day simple moving average is C$217.49 and its 200-day simple moving average is C$220.22.

Boyd Group Services (TSE:BYD) last posted its quarterly earnings results on Tuesday, November 5th. The company reported C$0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.66 by C($0.46). Boyd Group Services had a return on equity of 7.21% and a net margin of 1.93%. The company had revenue of C$1.03 billion during the quarter, compared to the consensus estimate of C$1.03 billion. Equities research analysts expect that Boyd Group Services will post 7.1452646 earnings per share for the current year.

Insider Activity at Boyd Group Services

In other Boyd Group Services news, Director Robert Berthold Espey purchased 200 shares of the stock in a transaction on Tuesday, November 26th. The shares were purchased at an average price of C$220.00 per share, with a total value of C$44,000.00. 0.37% of the stock is owned by company insiders.

About Boyd Group Services

Boyd Group Services Inc, together with its subsidiaries, operates non-franchised collision repair centers in North America. The company operates its locations under the Boyd Autobody & Glass and Assured Automotive names in Canada; and Gerber Collision & Glass name in the United States. It also operates as a retail auto glass operator under the Gerber Collision & Glass, Glass America, Auto Glass Service, Auto Glass Authority, and Autoglassonly.com names in the United States.