Boyd Group Services (OTCMKTS:BYDGF) Price Target Cut to C$175.00

Boyd Group Services (OTCMKTS:BYDGF – Get Rating) had its price objective reduced by CIBC from C$180.00 to C$175.00 in a research note issued to investors on Monday, The Fly reports.

Several other equities analysts have also recently commented on the stock. BMO Capital Markets cut shares of Boyd Group Services from an outperform rating to a market perform rating in a research note on Friday, February 18th. TD Securities cut their target price on shares of Boyd Group Services from C$230.00 to C$220.00 in a research note on Friday, March 25th. Raymond James cut their target price on shares of Boyd Group Services from C$255.00 to C$235.00 in a research note on Tuesday, March 22nd. Desjardins lowered their price target on shares of Boyd Group Services from C$244.00 to C$225.00 in a report on Monday, February 7th. Finally, Stifel Nicolaus lowered their price target on shares of Boyd Group Services from C$230.00 to C$200.00 in a report on Wednesday, February 16th. Six equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of Hold and a consensus price target of $231.00.

OTCMKTS BYDGF opened at $125.84 on Monday. The company has a 50 day moving average price of $127.90 and a two-hundred day moving average price of $151.69. Boyd Group Services has a 12-month low of $111.94 and a 12-month high of $214.43.

About Boyd Group Services (Get Rating)

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.

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