Boyd Group Services (TSE:BYD) Price Target Cut to C$245.00 by Analysts at Royal Bank Of Canada

Boyd Group Services (TSE:BYD) had its target price cut by equities researchers at Royal Bank Of Canada from C$267.00 to C$245.00 in a research report issued to clients and investors on Friday,BayStreet.CA reports. Royal Bank Of Canada’s price objective indicates a potential upside of 70.41% from the stock’s current price.

A number of other equities analysts have also recently weighed in on the stock. National Bank Financial reduced their price target on shares of Boyd Group Services from C$290.00 to C$265.00 and set an “outperform” rating on the stock in a research report on Friday, May 1st. Desjardins cut their price objective on shares of Boyd Group Services from C$260.00 to C$240.00 and set a “buy” rating on the stock in a research report on Thursday. Jefferies Financial Group cut their price objective on shares of Boyd Group Services from C$275.00 to C$250.00 in a research report on Thursday, March 19th. TD Securities cut their price objective on shares of Boyd Group Services from C$290.00 to C$270.00 and set a “buy” rating on the stock in a research report on Thursday, March 19th. Finally, Scotia cut their price objective on shares of Boyd Group Services from C$239.00 to C$231.00 and set a “sector outperform” rating on the stock in a research report on Thursday. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of C$237.14.

Boyd Group Services Trading Up 0.5%

BYD stock traded up C$0.66 during midday trading on Friday, reaching C$143.77. The company’s stock had a trading volume of 26,157 shares, compared to its average volume of 90,980. Boyd Group Services has a 52 week low of C$129.74 and a 52 week high of C$248.23. The stock has a market cap of C$4.00 billion, a PE ratio of 175.33, a price-to-earnings-growth ratio of -56.72 and a beta of 0.75. The company has a quick ratio of 0.30, a current ratio of 3.14 and a debt-to-equity ratio of 99.84. The business’s 50-day simple moving average is C$179.73 and its 200-day simple moving average is C$209.35.

Boyd Group Services (TSE:BYD) last announced its quarterly earnings data on Wednesday, May 13th. The company reported C$0.81 earnings per share (EPS) for the quarter. The firm had revenue of C$1.39 billion for the quarter. Boyd Group Services had a net margin of 0.58% and a return on equity of 1.74%. As a group, sell-side analysts expect that Boyd Group Services will post 7.1452646 EPS for the current year.

Insider Transactions at Boyd Group Services

In other Boyd Group Services news, insider Brian Kaner purchased 1,180 shares of the stock in a transaction on Tuesday, March 31st. The shares were purchased at an average cost of C$173.43 per share, for a total transaction of C$204,647.40. Following the purchase, the insider owned 1,780 shares of the company’s stock, valued at approximately C$308,705.40. This represents a 196.67% increase in their ownership of the stock. Insiders own 0.37% of the company’s stock.

Boyd Group Services News Roundup

Here are the key news stories impacting Boyd Group Services this week:

• Neutral Sentiment: Boyd Group reported record Q1 2026 sales of C$996.7 million and adjusted EBITDA of C$122.4 million, supported by market-share gains and a strategic acquisition. Article Title
• Neutral Sentiment: The company’s stock fell after earnings, suggesting investors are focusing more on margins, valuation, or forward guidance than on the headline revenue growth. Article Title
• Negative Sentiment: Multiple analysts cut price targets for BYD, including TD to C$190, BMO to C$200, Stifel to C$205, CIBC to C$205, Scotia to C$231, Desjardins to C$240, and ATB Cormark to C$245. Article Title
• Negative Sentiment: The broad round of target cuts signals analysts are becoming less optimistic about near-term upside, even though most firms kept positive ratings such as buy or outperform. Article Title

About Boyd Group Services

Boyd Group Services Inc is a Canadian corporation and controls The Boyd Group Inc and its subsidiaries. Boyd Group Services Inc shares trade on the Toronto Stock Exchange (TSX) under the symbol BYD.TO and the New York Stock Exchange (NYSE) under the symbol BGSI. For more information on The Boyd Group Inc or Boyd Group Services Inc, please visit our website at https://www.boydgroup.com .