Analysts Set Boyd Group Services Inc. (TSE:BYD) Target Price at C$266.36

Shares of Boyd Group Services Inc. (TSE:BYD) have received an average recommendation of “Buy” from the twelve analysts that are covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a hold rating, nine have given a buy rating and two have given a strong buy rating to the company. The average 1-year price objective among brokers that have covered the stock in the last year is C$266.36.

A number of brokerages recently issued reports on BYD. Royal Bank Of Canada raised their price objective 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 raised their price target on shares of Boyd Group Services from C$275.00 to C$280.00 in a research note on Thursday, November 13th. TD Securities lifted their price target on shares of Boyd Group Services from C$280.00 to C$290.00 and gave the stock a “buy” rating in a report on Wednesday, November 5th. Scotiabank set a C$264.00 price objective on shares of Boyd Group Services and gave the stock an “outperform” rating in a research note on Wednesday, January 14th. Finally, Desjardins raised Boyd Group Services to a “moderate buy” rating in a research report on Tuesday, November 4th.

Boyd Group Services Price Performance

Shares of BYD opened at C$238.09 on Friday. 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 stock has a market cap of C$6.63 billion, a PE ratio of 321.74, a PEG ratio of -56.72 and a beta of 0.26. Boyd Group Services has a 12-month low of C$186.10 and a 12-month high of C$248.23. The business has a 50-day simple moving average of C$227.02 and a two-hundred day simple moving average of C$225.53.

About Boyd Group Services

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 .