Boyd Group Services Inc. (TSE:BYD) Given Average Recommendation of "Buy" by Brokerages

Boyd Group Services Inc. (TSE:BYD - Get Free Report) has received an average recommendation of "Buy" from the ten brokerages that are currently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a hold recommendation, seven have issued a buy recommendation and two have issued a strong buy recommendation on the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is C$267.09.

Several analysts have recently issued reports on the company. TD Securities reduced their price objective on Boyd Group Services from C$290.00 to C$280.00 and set a "buy" rating on the stock in a research note on Thursday, May 22nd. Royal Bank of Canada reduced their price objective on Boyd Group Services from C$277.00 to C$270.00 and set an "outperform" rating on the stock in a research note on Thursday, May 22nd. Stifel Nicolaus reduced their price objective on Boyd Group Services from C$265.00 to C$255.00 and set a "buy" rating on the stock in a research note on Thursday, May 22nd. Desjardins reduced their price objective on Boyd Group Services from C$270.00 to C$255.00 and set a "buy" rating on the stock in a research note on Thursday, March 20th. Finally, Cormark reduced their price objective on Boyd Group Services from C$240.00 to C$200.00 in a research note on Thursday, March 20th.

Insider Buying and Selling at Boyd Group Services

In other news, Director Robert Berthold Espey bought 150 shares of the business's stock in a transaction dated Thursday, April 3rd. The shares were acquired at an average price of C$204.50 per share, for a total transaction of C$30,675.00. 0.37% of the stock is owned by insiders.

Boyd Group Services Trading Down 0.2%

Shares of BYD traded down C$0.39 during midday trading on Wednesday, hitting C$203.71. 44,404 shares of the stock were exchanged, compared to its average volume of 52,865. Boyd Group Services has a 52-week low of C$191.27 and a 52-week high of C$270.60. The stock has a fifty day simple moving average of C$205.84 and a 200 day simple moving average of C$217.99. The firm has a market cap of C$3.09 billion, a P/E ratio of 75.03, a P/E/G ratio of -56.72 and a beta of 0.99. The company has a debt-to-equity ratio of 150.94, a quick ratio of 0.30 and a current ratio of 0.70.

Boyd Group Services Company Profile

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.