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

Boyd Group Services Inc. (TSE:BYD) has earned a consensus recommendation of “Buy” from the twelve brokerages that are presently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company. The average twelve-month target price among analysts that have covered the stock in the last year is C$280.50.

Several brokerages have commented on BYD. TD Securities boosted their price target 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. CIBC upped their target price on Boyd Group Services from C$276.00 to C$281.00 in a report on Friday, February 28th.

Boyd Group Services Price Performance

TSE BYD opened at C$226.75 on Friday. The firm’s 50 day moving average is C$232.84 and its 200-day moving average is C$221.13. 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 company has a market capitalization of C$3.44 billion, a PE ratio of 83.52, a price-to-earnings-growth ratio of -56.72 and a beta of 0.99. Boyd Group Services has a 12-month low of C$198.61 and a 12-month high of C$317.29.

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.