Boyd Group Services (TSE:BYD) PT Set at C$264.00 by Scotiabank

Boyd Group Services (TSE:BYD) has been assigned a C$264.00 price objective by stock analysts at Scotiabank in a research report issued on Wednesday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. Scotiabank’s price target would suggest a potential upside of 17.64% from the stock’s current price.

Other analysts also recently issued reports about the company. Royal Bank Of Canada raised their price target on Boyd Group Services from C$272.00 to C$291.00 in a research report on Wednesday, November 5th. Cormark raised shares of Boyd Group Services from a “hold” rating to a “moderate buy” rating in a research note on Thursday, October 30th. Stifel Nicolaus raised their target price on shares of Boyd Group Services from C$265.00 to C$275.00 in a report on Tuesday, November 4th. TD Securities upped their price target on shares of Boyd Group Services from C$280.00 to C$290.00 and gave the company a “buy” rating in a report on Wednesday, November 5th. Finally, CIBC increased their price objective on shares of Boyd Group Services from C$270.00 to C$280.00 in a research report on Wednesday, November 5th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, Boyd Group Services currently has an average rating of “Buy” and a consensus price target of C$265.45.

Boyd Group Services Price Performance

Shares of TSE:BYD opened at C$224.41 on Wednesday. The company has a debt-to-equity ratio of 150.94, a quick ratio of 0.30 and a current ratio of 0.70. The firm has a market cap of C$6.25 billion, a price-to-earnings ratio of 303.26, a P/E/G ratio of -56.72 and a beta of 0.17. Boyd Group Services has a fifty-two week low of C$186.10 and a fifty-two week high of C$258.17. The firm has a fifty day moving average price of C$222.71 and a 200 day moving average price of C$219.33.

Boyd Group Services (TSE:BYD) last released its quarterly earnings results on Wednesday, November 12th. The company reported C$0.62 earnings per share for the quarter. Boyd Group Services had a return on equity of 4.93% and a net margin of 1.35%.The business had revenue of C$1.10 billion during the quarter. As a group, sell-side analysts expect that Boyd Group Services will post 7.1452646 earnings per share for the current fiscal year.

About Boyd Group Services

Boyd Group Services Inc is a Canadian corporation and controls The Boyd Group Inc and its subsidiaries. Boyd Group Services Inc shares trade on the Toronto Stock Exchange (TSX) under the symbol BYD.TO and the New York Stock Exchange (NYSE) under the symbol BGSI. For more information on The Boyd Group Inc or Boyd Group Services Inc, please visit our website at https://www.boydgroup.com .