Cormark Lowers Boyd Group Services (TSE:BYD) Price Target to C$200.00

Boyd Group Services (TSE:BYD) had its price objective reduced by equities researchers at Cormark from C$240.00 to C$200.00 in a report issued on Thursday,BayStreet.CA reports. Cormark’s target price indicates a potential downside of 4.96% from the company’s previous close. Cormark also issued estimates for Boyd Group Services’ Q1 2025 earnings at $0.30 EPS, Q2 2025 earnings at $1.24 EPS, Q3 2025 earnings at $1.06 EPS and Q4 2025 earnings at $1.30 EPS.

BYD has been the subject of several other research reports. TD Securities upped their price target on Boyd Group Services from C$270.00 to C$290.00 and gave the stock a “buy” rating in a research note on Thursday, January 30th. Royal Bank of Canada cut their price target on Boyd Group Services from C$282.00 to C$277.00 in a research note on Thursday. Finally, CIBC upped their price target on Boyd Group Services from C$276.00 to C$281.00 in a research note on Friday, February 28th. One equities research analyst has rated the stock with a hold rating, ten have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of C$274.83.

Boyd Group Services Price Performance

Shares of TSE BYD opened at C$210.43 on Thursday. Boyd Group Services has a twelve month low of C$198.61 and a twelve month high of C$291.53. 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 stock has a 50 day moving average of C$233.25 and a two-hundred day moving average of C$220.94. The stock has a market cap of C$3.19 billion, a P/E ratio of 77.51, a P/E/G ratio of -56.72 and a beta of 0.99.

Boyd Group Services Company Profile

Boyd Group Services Inc is a personal services company that provides auto body and auto glass repair services at its portfolio of facilities located across the United States and Canada. The company operates in Canada primarily under the Boyd Autobody and Glass brand name, while its most notable U.S. brand is Gerber Collision and Glass.