Boyd Group Services (TSE:BYD) Price Target Cut to C$277.00 by Analysts at Royal Bank of Canada

Boyd Group Services (TSE:BYD) had its price objective lowered by equities research analysts at Royal Bank of Canada from C$282.00 to C$277.00 in a report released on Thursday,BayStreet.CA reports. Royal Bank of Canada’s target price points to a potential upside of 30.60% from the company’s current price.

Several other equities research analysts have also commented on BYD. TD Securities upped their price target on shares of Boyd Group Services from C$270.00 to C$290.00 and gave the company a “buy” rating in a report on Thursday, January 30th. CIBC increased their target price on shares of Boyd Group Services from C$276.00 to C$281.00 in a research note on Friday, February 28th. One research analyst has rated the stock with a hold rating, ten have given a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of C$275.25.

Boyd Group Services Stock Performance

TSE:BYD traded down C$4.69 during mid-day trading on Thursday, hitting C$212.09. The company’s stock had a trading volume of 28,447 shares, compared to its average volume of 56,419. Boyd Group Services has a 1 year low of C$198.61 and a 1 year high of C$292.81. 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 stock has a market cap of C$3.22 billion, a price-to-earnings ratio of 78.12, a PEG ratio of -56.72 and a beta of 0.99. The business’s fifty day moving average is C$233.07 and its two-hundred day moving average is C$221.10.

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.