Boyd Group Services Inc. (TSE:BYD) Receives C$319.85 Consensus Target Price from Analysts

Boyd Group Services Inc. (TSE:BYD - Get Free Report) has been assigned a consensus recommendation of "Moderate Buy" from the twelve research firms that are presently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, three have given a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is C$319.85.

Several research firms have recently commented on BYD. National Bankshares lifted their price objective on Boyd Group Services from C$260.00 to C$310.00 and gave the stock a "sector perform" rating in a report on Monday, January 29th. TD Securities downgraded Boyd Group Services from a "buy" rating to a "hold" rating and decreased their price objective for the stock from C$320.00 to C$310.00 in a report on Thursday, March 21st. Scotiabank lifted their price objective on Boyd Group Services from C$315.00 to C$325.00 and gave the stock an "outperform" rating in a report on Thursday, March 21st. Jefferies Financial Group upped their price target on Boyd Group Services from C$290.00 to C$340.00 and gave the company a "buy" rating in a research report on Thursday, March 21st. Finally, Stifel Nicolaus lowered their price target on Boyd Group Services from C$355.00 to C$340.00 in a research report on Friday, March 22nd.

Boyd Group Services Trading Down 1.3 %

Shares of BYD traded down C$3.64 during trading hours on Friday, hitting C$286.40. The company had a trading volume of 59,100 shares, compared to its average volume of 37,664. The firm has a market cap of C$6.15 billion, a P/E ratio of 52.74, a P/E/G ratio of -56.72 and a beta of 1.10. The stock's 50 day moving average price is C$302.72 and its 200 day moving average price is C$271.98. The company has a quick ratio of 0.30, a current ratio of 0.63 and a debt-to-equity ratio of 137.26. Boyd Group Services has a 52-week low of C$208.75 and a 52-week high of C$324.75.

Boyd Group Services Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, April 26th. Investors of record on Sunday, March 31st will be paid a $0.15 dividend. The ex-dividend date of this dividend is Wednesday, March 27th. This represents a $0.60 annualized dividend and a dividend yield of 0.21%. Boyd Group Services's payout ratio is currently 11.05%.

Boyd Group Services Company Profile

Boyd Group Services Inc, together with its subsidiaries, operates non-franchised collision repair centers in North America. The company operates its locations under the Boyd Autobody & Glass and Assured Automotive names in Canada; and Gerber Collision & Glass name in the United States. It also operates as a retail auto glass operator under the Gerber Collision & Glass, Glass America, Auto Glass Service, Auto Glass Authority, and Autoglassonly.com names in the United States.