Royal Bank Of Canada Cuts Boyd Group Services (TSE:BYD) Price Target to C$224.00

by · The Markets Daily

Boyd Group Services (TSE:BYD – Free Report) had its target price reduced by Royal Bank Of Canada from C$236.00 to C$224.00 in a research report released on Monday,BayStreet reports. They currently have an outperform rating on the stock.

Several other research firms have also recently issued reports on BYD. Scotiabank decreased their price target on Boyd Group Services from C$219.00 to C$210.00 and set a “sector outperform” rating for the company in a research note on Thursday, August 13th. TD lifted their price objective on shares of Boyd Group Services from C$190.00 to C$200.00 and gave the company a “buy” rating in a research note on Thursday, August 13th. National Bank Financial upped their price objective on shares of Boyd Group Services from C$265.00 to C$270.00 and gave the stock an “outperform” rating in a report on Thursday, August 13th. ATB Cormark Capital Markets increased their target price on shares of Boyd Group Services from C$245.00 to C$250.00 and gave the company an “outperform” rating in a research report on Thursday, August 13th. Finally, Canadian Imperial Bank of Commerce raised their target price on shares of Boyd Group Services from C$205.00 to C$208.00 in a research note on Thursday, August 13th. One analyst has rated the stock with a Strong Buy rating and eleven have issued a Buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of C$229.08.

Check Out Our Latest Stock Analysis on BYD

Boyd Group Services Trading Down 4.9%

Boyd Group Services stock opened at C$115.82 on Monday. The firm’s 50-day moving average is C$133.38 and its 200-day moving average is C$153.57. The company has a debt-to-equity ratio of 117.12, a quick ratio of 0.30 and a current ratio of 0.58. Boyd Group Services has a 1 year low of C$112.35 and a 1 year high of C$248.23. The company has a market cap of C$3.22 billion, a P/E ratio of 257.38, a PEG ratio of -56.72 and a beta of 0.93.

Boyd Group Services (TSE:BYD – Get Free Report) last issued its quarterly earnings data on Wednesday, August 12th. The company reported C$1.14 EPS for the quarter. Boyd Group Services had a return on equity of 0.61% and a net margin of 0.26%.The firm had revenue of C$1.44 billion during the quarter. On average, equities analysts expect that Boyd Group Services will post 7.1452646 earnings per share for the current year.

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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