04:33:22 EDT Fri 17 May 2024
Enter Symbol
or Name
USA
CA



Boyd Group Services Inc
Symbol BYD
Shares Issued 21,472,194
Close 2023-11-14 C$ 246.13
Market Cap C$ 5,284,951,109
Recent Sedar Documents

Globe says RBC's Khan keeps Boyd Group at "outperform"

2023-11-14 07:40 ET - In the News

The Globe and Mail reports in its Tuesday, Nov. 14, edition that RBC Capital Markets analyst Sabahat Khan has reaffirmed his "outperform" recommendation for Boyd Group Services. The Globe's David Leeder writes in the Eye On Equities column that Mr. Khan boosted his share target by $6 to $290. Analysts on average target the shares at $282.77. Mr. Khan says in a note: "Boyd reported Q3 adjusted EBITDA that was in line with RBC/consensus expectations, while the organic growth outlook for Q4 remains strong. Overall, the company is continuing to make progress on receiving pricing from insurers and is executing well amidst the uncertain macro backdrop. Looking ahead, we believe Boyd remains well positioned to continue rolling up the collision repair industry and improve margins toward pre-pandemic levels." The Globe reported on July 27, 2022, Mr. Khan said Boyd Group Services was trading at a good price. He rated Boyd Group "outperform." The shares could then be had for $155.36. The Globe reported on May 12, 2023, that Desjardins Securities analyst Gary Ho had lowered his recommendation for Boyd Group to "hold" from "buy." The shares could then be had for $244.22.

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