Stifel Nicolaus Trims Boyd Group Services (TSE:BYD) Target Price to C$305.00

Boyd Group Services (TSE:BYD - Get Free Report) had its price target reduced by investment analysts at Stifel Nicolaus from C$335.00 to C$305.00 in a research report issued on Friday, BayStreet.CA reports. Stifel Nicolaus' price objective would indicate a potential upside of 30.34% from the company's previous close.

BYD has been the subject of several other reports. Desjardins upgraded Boyd Group Services from a "hold" rating to a "moderate buy" rating in a research note on Wednesday. TD Securities lowered their target price on Boyd Group Services from C$310.00 to C$296.00 and set a "buy" rating for the company in a report on Thursday. ATB Capital lowered their target price on Boyd Group Services from C$345.00 to C$340.00 and set an "outperform" rating for the company in a report on Thursday. National Bankshares raised Boyd Group Services from a "hold" rating to a "buy" rating and decreased their price target for the company from C$310.00 to C$290.00 in a research note on Thursday. Finally, Royal Bank of Canada decreased their price target on Boyd Group Services from C$337.00 to C$308.00 and set an "outperform" rating for the company in a research note on Thursday. One investment analyst has rated the stock with a sell rating, nine have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus target price of C$301.85.

Boyd Group Services Trading Down 0.6 %

TSE:BYD traded down C$1.35 during mid-day trading on Friday, hitting C$234.01. The company had a trading volume of 55,740 shares, compared to its average volume of 42,897. Boyd Group Services has a fifty-two week low of C$228.56 and a fifty-two week high of C$324.75. The business's fifty day moving average is C$277.84 and its two-hundred day moving average is C$278.05. The company has a debt-to-equity ratio of 137.26, a quick ratio of 0.30 and a current ratio of 0.63. The firm has a market cap of C$5.02 billion, a P/E ratio of 42.39, a P/E/G ratio of -56.72 and a beta of 1.08.

Boyd Group Services (TSE:BYD - Get Free Report) last announced its earnings results on Wednesday, March 20th. The company reported C$1.27 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of C$1.50 by C($0.23). The firm had revenue of C$1.01 billion during the quarter, compared to analyst estimates of C$1.01 billion. Boyd Group Services had a net margin of 2.94% and a return on equity of 11.00%. As a group, research analysts expect that Boyd Group Services will post 6.4962738 earnings per share for the current year.

About Boyd Group Services

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.