Boyd Group Services (TSE:BYD) Stock Gets Price Target Trim from TD

by · The Cerbat Gem

Boyd Group Services (TSE:BYD – Free Report) had its price target cut by TD from C$200.00 to C$175.00 in a report issued on Friday,BayStreet reports. They currently have a top pick rating on the stock.

Other equities analysts have also recently issued reports about the stock. Desjardins decreased their price target on shares of Boyd Group Services from C$240.00 to C$225.00 and set a “buy” rating for the company in a research report on Thursday, August 13th. Scotiabank cut their price target on shares of Boyd Group Services from C$219.00 to C$210.00 and set a “sector outperform” rating on the stock in a report on Thursday, August 13th. Jefferies Financial Group reduced their price objective on shares of Boyd Group Services from C$250.00 to C$225.00 in a research note on Thursday, August 13th. Canadian Imperial Bank of Commerce boosted their price objective on shares of Boyd Group Services from C$205.00 to C$208.00 in a research note on Thursday, August 13th. Finally, BMO Capital Markets decreased their price objective on Boyd Group Services from C$200.00 to C$190.00 in a report on Thursday, August 13th. Two investment analysts have rated the stock with a Strong Buy rating and eleven have issued a Buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of C$219.50.

Get Our Latest Stock Analysis on Boyd Group Services

Boyd Group Services Price Performance

BYD opened at C$111.32 on Friday. The stock has a market cap of C$3.10 billion, a P/E ratio of 247.38, a P/E/G ratio of -56.72 and a beta of 1.10. The company has a quick ratio of 0.30, a current ratio of 0.58 and a debt-to-equity ratio of 117.12. The company has a fifty day simple moving average of C$122.45 and a 200 day simple moving average of C$141.01. Boyd Group Services has a 12 month low of C$107.53 and a 12 month high of C$248.23.

Boyd Group Services (TSE:BYD – Get Free Report) last issued its quarterly earnings data on Wednesday, August 12th. The company reported C$1.14 earnings per share (EPS) for the quarter. Boyd Group Services had a net margin of 0.26% and a return on equity of 0.61%. The business had revenue of C$1.44 billion during the quarter. On average, research analysts expect that Boyd Group Services will post 7.15 EPS for the current year.

Insider Activity

In other news, insider Jeff Murray purchased 350 shares of the company’s stock in a transaction dated Monday, September 28th. The shares were purchased at an average price of C$111.17 per share, for a total transaction of C$38,909.50. Following the transaction, the insider owned 7,700 shares of the company’s stock, valued at approximately C$856,009. This trade represents a 4.76% increase in their ownership of the stock. Company insiders own 0.37% of the company’s stock.

Boyd Group Services Company Profile

(Get Free Report)

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 .

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