Boyd Group Services (TSE:BYD) Upgraded by The Goldman Sachs Group to Hold Rating

Boyd Group Services (TSE:BYD - Get Free Report) was upgraded by equities research analysts at The Goldman Sachs Group from a "strong sell" rating to a "hold" rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

Several other equities analysts also recently commented on the stock. TD Securities decreased their price target on shares of 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 target on shares of Boyd Group Services from C$277.00 to C$270.00 and set an "outperform" rating for the company in a research report on Thursday, May 22nd. Cormark cut their price objective on shares of Boyd Group Services from C$240.00 to C$200.00 in a report on Thursday, March 20th. CIBC lowered their price objective on Boyd Group Services from C$286.00 to C$278.00 and set an "outperform" rating on the stock in a research note on Thursday, April 24th. Finally, ATB Capital cut their price objective on Boyd Group Services from C$295.00 to C$290.00 and set an "outperform" rating for the company in a report on Thursday, May 22nd. Two analysts have rated the stock with a hold rating, seven have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus price target of C$267.09.

Boyd Group Services Stock Down 0.9%

Boyd Group Services stock opened at C$196.63 on Tuesday. Boyd Group Services has a twelve month low of C$191.27 and a twelve month high of C$270.60. 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 company has a 50 day moving average of C$205.06 and a 200-day moving average of C$217.34. The stock has a market capitalization of C$2.98 billion, a PE ratio of 72.42, a price-to-earnings-growth ratio of -56.72 and a beta of 0.99.

Insiders Place Their Bets

In other news, Director Robert Berthold Espey bought 150 shares of the firm's stock in a transaction dated Thursday, April 3rd. The stock was bought at an average price of C$204.50 per share, for a total transaction of C$30,675.00. Corporate insiders own 0.37% of the company's stock.

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.

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