Boyd Group Services Inc. (TSE:BYD) Given Average Rating of “Moderate Buy” by Brokerages

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 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.

Also Read :  Taking a Closer Look at the Global Image Sensor Market

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%.

Also Read :  Recent Summit Aims to Connect Potential Small Business Contractors with Naval Warfare Center > Naval Sea Systems Command > Saved News Module

About Boyd Group Services

(received rating)

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

Also Read :  New Wolters Kluwer ELM Solutions report finds financial services companies more successful at containing legal spend

See also

Analyst Recommendations for Boyd Group Services (TSE:BYD)

This instant news alert was generated by MarketBeat’s narrative science technology and financial data to provide readers with the fastest, most accurate reporting. This story was reviewed by the MarketBeat editorial team before publication. Please send questions or comments about this story to [email protected]

Hear this before you consider Boyd Group Services.

MarketBeat tracks Wall Street’s best-in-class, top-performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now, before the broader market takes hold… and Boyd Group Services wasn’t on the list.

While Boyd Group Services is currently rated a “Moderate Buy” by analysts, top analysts believe these five stocks are better buys.

Check out the five stocks here

Source link