Boyd Group Services (TSE:BYD) Price Target Raised to C$286.00 at CIBC

Boyd Group Services (TSE:BYD) had its price objective raised by CIBC from C$281.00 to C$286.00 in a research note released on Thursday morning,BayStreet.CA reports. CIBC currently has an outperform rating on the stock.

Several other equities research analysts have also recently commented on the stock. TD Securities raised their target price on shares of Boyd Group Services from C$270.00 to C$290.00 and gave the stock a “buy” rating in a research report on Thursday, January 30th. National Bankshares lowered their price target on shares of Boyd Group Services from C$275.00 to C$260.00 and set an “outperform” rating for the company in a research report on Thursday. BMO Capital Markets lifted their price target on shares of Boyd Group Services from C$250.00 to C$280.00 in a research report on Thursday. Cormark lowered their price target on shares of Boyd Group Services from C$240.00 to C$200.00 in a research report on Thursday. Finally, Royal Bank of Canada lowered their price target on shares of Boyd Group Services from C$282.00 to C$277.00 in a research report on Thursday. One investment analyst has rated the stock with a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, Boyd Group Services presently has an average rating of “Buy” and an average price target of C$275.25.

Boyd Group Services Price Performance

Shares of Boyd Group Services stock opened at C$211.92 on Thursday. The company’s fifty day simple moving average is C$233.23 and its two-hundred day simple moving average is C$221.03. Boyd Group Services has a 12-month low of C$198.61 and a 12-month high of C$292.81. The company has a quick ratio of 0.30, a current ratio of 0.70 and a debt-to-equity ratio of 150.94. The firm has a market cap of C$3.21 billion, a PE ratio of 78.06, a price-to-earnings-growth ratio of -56.72 and a beta of 0.99.

About Boyd Group Services

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.