Boyd Group Services Inc. (TSE:BYD) Given Average Rating of “Buy” by Brokerages

Shares of Boyd Group Services Inc. (TSE:BYD) have earned an average rating of “Buy” from the ten brokerages that are covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold rating, seven have given a buy rating and two have given a strong buy rating to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is C$267.09.

Several research analysts have issued reports on the stock. Desjardins lowered their price target on shares of Boyd Group Services from C$270.00 to C$255.00 and set a “buy” rating for the company in a report on Thursday, March 20th. Cormark reduced their price objective on shares of Boyd Group Services from C$240.00 to C$200.00 in a research note on Thursday, March 20th. National Bankshares lowered their target price on shares of Boyd Group Services from C$260.00 to C$245.00 and set an “outperform” rating for the company in a research note on Thursday, May 22nd. Stifel Nicolaus dropped their target price on shares of Boyd Group Services from C$265.00 to C$255.00 and set a “buy” rating on the stock in a report on Thursday, May 22nd. Finally, TD Securities cut their price target on shares of Boyd Group Services from C$290.00 to C$280.00 and set a “buy” rating on the stock in a research report on Thursday, May 22nd.

Boyd Group Services Price Performance

Boyd Group Services stock opened at C$207.48 on Wednesday. The stock’s 50 day moving average is C$206.01 and its 200 day moving average is C$218.39. Boyd Group Services has a one year low of C$191.27 and a one year high of C$270.60. The firm has a market cap of C$3.15 billion, a P/E ratio of 76.42, a P/E/G ratio of -56.72 and a beta of 0.99. The company has a debt-to-equity ratio of 150.94, a current ratio of 0.70 and a quick ratio of 0.30.

Insider Activity at Boyd Group Services

In other news, Director Robert Berthold Espey bought 150 shares of the firm’s stock in a transaction that occurred on Thursday, April 3rd. The stock was acquired at an average cost of C$204.50 per share, with a total value of C$30,675.00. 0.37% of the stock is owned by corporate insiders.

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.