Brokerages Set Boyd Group Services Inc. (TSE:BYD) PT at C$236.92

Boyd Group Services Inc. (TSE:BYD) has received an average recommendation of “Buy” from the twelve analysts that are presently covering the firm, Marketbeat.com reports. Eleven analysts have rated the stock with a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is C$236.92.

A number of equities analysts recently commented on BYD shares. Raymond James Financial dropped their price objective on Boyd Group Services from C$275.00 to C$270.00 in a report on Thursday, April 2nd. BMO Capital Markets reduced their price objective on Boyd Group Services from C$250.00 to C$200.00 in a research report on Thursday, May 14th. TD lowered their price target on Boyd Group Services from C$270.00 to C$190.00 and set a “buy” rating on the stock in a research note on Thursday, May 14th. Royal Bank Of Canada decreased their target price on shares of Boyd Group Services from C$267.00 to C$245.00 in a research report on Friday, May 15th. Finally, Jefferies Financial Group lowered their price target on Boyd Group Services from C$275.00 to C$250.00 in a research report on Thursday, March 19th.

Boyd Group Services Stock Up 1.0%

TSE:BYD traded up C$1.34 during trading hours on Thursday, hitting C$139.75. 1,539 shares of the company’s stock traded hands, compared to its average volume of 91,180. The firm has a market cap of C$3.89 billion, a P/E ratio of 211.74, a P/E/G ratio of -56.72 and a beta of 1.00. Boyd Group Services has a twelve month low of C$125.16 and a twelve month high of C$248.23. The company has a debt-to-equity ratio of 119.31, a quick ratio of 0.30 and a current ratio of 0.60. The stock’s fifty day moving average price is C$144.48 and its two-hundred day moving average price is C$187.62.

Boyd Group Services (TSE:BYD) last posted its quarterly earnings results on Wednesday, May 13th. The company reported C$0.81 EPS for the quarter. Boyd Group Services had a net margin of 0.40% and a return on equity of 1.04%. The business had revenue of C$1.39 billion during the quarter. On average, research analysts expect that Boyd Group Services will post 7.1452646 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Boyd Group Services news, Director Robert Berthold Espey bought 500 shares of the firm’s stock in a transaction dated Wednesday, May 27th. The shares were bought at an average price of C$150.00 per share, for a total transaction of C$75,000.00. Following the completion of the acquisition, the director owned 3,350 shares of the company’s stock, valued at approximately C$502,500. This trade represents a 17.54% increase in their ownership of the stock. Corporate insiders own 0.37% of the company’s stock.

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 .