Boyd Group Services Inc. (TSE:BYD – Get Rating) stock has been given a consensus rating of “Moderate Buy” by the fifteen research firms currently covering the stock, reports Marketbeat.com. Three research analysts have given the stock a hold recommendation, four a buy recommendation and one a strong buy recommendation. The average 1-year target price among brokers who have issued a report on the stock in the last year is CAD$217.31.
BYD has been the subject of several analyst reports. Cormark raised its target price on Boyd Group Services from $168.00 to $200.00 in a research note on Thursday, August 11th. CIBC raised its target price on Boyd Group Services to $194.00 from $156.00 and rated the company “neutral” in a research note on Thursday, August 11. Scotiabank raised its target price on Boyd Group Services from C$200.00 to C$215.00 in a research note on Thursday, August 11th. ATB Capital raised its target price on Boyd Group Services from C$230.00 to C$250.00 in a research note on Thursday, August 11th. Finally, Stifel Nicolaus upgraded Boyd Group Services from a “hold” rating to a “buy” rating in a research note on Thursday, August 11, and raised the company’s price target to 210 from C$150.00 C$.00 to.
Boyd Group Services stock performance
Boyd Group Services shares opened at CAD$177.08 on Monday. The company has a market cap of CA$3.80 billion and a P/E of 142.81. The company has a current ratio of 0.67, a quick ratio of 0.40 and a debt to equity ratio of 136.58. Boyd Group Services has a 12-month low of $117.48 and a 12-month high of $267.00. The 50-day moving average price of the stock is $175.62 and the 200-day moving average price is $158.48.
Boyd Group Services dividend announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, October 27th. Investors of record on Friday, September 30 will receive a dividend of $0.144 per share. That equates to a dividend of $0.58 on an annualized basis and a dividend yield of 0.33%. The ex-dividend date is Wednesday September 28th. Boyd Group Services’ Dividend Payout Ratio (DPR) is 36.34%.
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 Canadian locations under the Boyd Autobody & Glass and Assured Automotive names; and Gerber Collision & Glass name in the United States. In the United States, the company also operates as an auto glass retail company under the names Gerber Collision & Glass, Glass America, Auto Glass Service, Auto Glass Authority and Autoglassonly.com.
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