Boyd Group Services Inc. (TSE:BYD) Receives Average Rating of “Buy” from Analysts

Boyd Group Services Inc. (TSE:BYD) has earned a consensus rating of “Buy” from the twelve brokerages that are presently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is C$280.00.

Several equities analysts have weighed in on BYD shares. TD Securities increased their target price on Boyd Group Services from C$270.00 to C$290.00 and gave the company a “buy” rating in a research note on Thursday, January 30th. BMO Capital Markets lowered their price target on Boyd Group Services from C$260.00 to C$250.00 in a report on Wednesday, November 6th. Stifel Nicolaus lowered their price target on Boyd Group Services from C$280.00 to C$275.00 in a report on Monday, October 28th. Raymond James lowered their price target on Boyd Group Services from C$295.00 to C$285.00 in a report on Thursday, November 7th. Finally, CIBC increased their price target on Boyd Group Services from C$272.00 to C$275.00 in a report on Monday, February 10th.

Insiders Place Their Bets

In other Boyd Group Services news, Director Robert Berthold Espey purchased 200 shares of the firm’s stock in a transaction dated Tuesday, November 26th. The shares were bought at an average price of C$220.00 per share, for a total transaction of C$44,000.00. Corporate insiders own 0.37% of the company’s stock.

Boyd Group Services Trading Down 0.5 %

TSE:BYD opened at C$239.07 on Monday. Boyd Group Services has a 1-year low of C$198.61 and a 1-year high of C$324.75. The business’s 50-day moving average price is C$225.53 and its two-hundred day moving average price is C$219.59. The company has a current ratio of 0.70, a quick ratio of 0.30 and a debt-to-equity ratio of 150.94. The firm has a market capitalization of C$3.63 billion, a price-to-earnings ratio of 88.06, a PEG ratio of -56.72 and a beta of 0.99.

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.