Boyd Group Services (TSE:BYD) Stock Rating Upgraded by Stephens

Boyd Group Services (TSE:BYD - Get Free Report) was upgraded by research analysts at Stephens to a "strong-buy" rating in a note issued to investors on Wednesday, Marketbeat reports. The firm presently has a C$240.00 target price on the stock. Stephens' target price would indicate a potential upside of 15.25% from the stock's current price.

Several other analysts have also recently weighed in on BYD. The Goldman Sachs Group raised shares of Boyd Group Services from a "strong sell" rating to a "hold" rating in a report on Tuesday, June 3rd. ATB Capital lowered their price objective on Boyd Group Services from C$295.00 to C$290.00 and set an "outperform" rating on the stock in a research note on Thursday, May 22nd. National Bankshares dropped their price objective on Boyd Group Services from C$260.00 to C$245.00 and set an "outperform" rating for the company in a report on Thursday, May 22nd. Royal Bank of Canada reduced their target price on Boyd Group Services from C$277.00 to C$270.00 and set an "outperform" rating on the stock in a report on Thursday, May 22nd. Finally, Stifel Nicolaus dropped their price target on Boyd Group Services from C$265.00 to C$255.00 and set a "buy" rating for the company in a research note on Thursday, May 22nd. Two research analysts have rated the stock with a hold rating, seven have issued a buy rating and three have issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Buy" and an average target price of C$264.83.

Boyd Group Services Stock Down 0.6%

Shares of Boyd Group Services stock traded down C$1.27 on Wednesday, reaching C$208.24. 35,527 shares of the company were exchanged, compared to its average volume of 51,476. Boyd Group Services has a one year low of C$191.27 and a one year high of C$270.60. The company has a current ratio of 0.70, a quick ratio of 0.30 and a debt-to-equity ratio of 150.94. The company has a 50-day moving average of C$204.91 and a 200 day moving average of C$216.71. The company has a market capitalization of C$3.16 billion, a price-to-earnings ratio of 76.70, a PEG ratio of -56.72 and a beta of 0.99.

Insider Activity at Boyd Group Services

In other Boyd Group Services news, Director Robert Berthold Espey acquired 150 shares of the stock in a transaction that occurred on Tuesday, June 10th. The shares were bought at an average price of C$201.74 per share, for a total transaction of C$30,261.00. 0.37% of the stock is currently owned by corporate insiders.

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.