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

Shares of Boyd Group Services Inc. (TSE:BYD) have been given a consensus rating of “Buy” by the twelve research firms that are covering the company, Marketbeat reports. One equities research analyst has rated the stock with a hold rating, nine have assigned a buy rating and two have issued a strong buy rating on the company. The average 1-year target price among analysts that have covered the stock in the last year is C$266.36.

A number of analysts have recently issued reports on BYD shares. Royal Bank Of Canada raised their price target on shares of Boyd Group Services from C$272.00 to C$291.00 in a report on Wednesday, November 5th. ATB Cormark Capital Markets increased their price objective on Boyd Group Services from C$275.00 to C$280.00 in a research report on Thursday, November 13th. Stifel Nicolaus raised their target price on Boyd Group Services from C$265.00 to C$275.00 in a research note on Tuesday, November 4th. Cormark upgraded Boyd Group Services from a “hold” rating to a “moderate buy” rating in a research report on Thursday, October 30th. Finally, Scotiabank set a C$264.00 price target on Boyd Group Services and gave the company an “outperform” rating in a research note on Wednesday, January 14th.

Boyd Group Services Price Performance

Shares of BYD stock opened at C$240.82 on Friday. The company has a debt-to-equity ratio of 150.94, a current ratio of 0.70 and a quick ratio of 0.30. The firm’s 50-day moving average is C$226.69 and its two-hundred day moving average is C$224.89. Boyd Group Services has a 12 month low of C$186.10 and a 12 month high of C$258.17. The company has a market capitalization of C$6.70 billion, a PE ratio of 325.43, a price-to-earnings-growth ratio of -56.72 and a beta of 0.26.

Boyd Group Services Company Profile

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 .