10:28:08 EDT Thu 02 May 2024
Enter Symbol
or Name
USA
CA



Boyd Group Services Inc
Symbol BYD
Shares Issued 21,472,192
Close 2024-02-15 C$ 311.42
Market Cap C$ 6,686,870,033
Recent Sedar Documents

Globe says Boyd Group reaffirmed at "outperform"

2024-02-16 08:34 ET - In the News

The Globe and Mail reports in its Friday, Feb. 16, edition that BMO Capital analyst Tamy Chen has reaffirmed her "outperform" recommendation for Boyd Group Services. The Globe's David Leeder writes that Ms. Chen's share target soared ahead by $60 to $350. Analysts on average target the shares at $302.07. Ms. Chen says in a note: "We expect more of the same in Q4/23 and 2024 as SSS should normalize somewhat from the mid-teens percentage experienced in most of 2023. We feel comfortable with our [mid-single digit percentage] SSS forecast for 2024 as repair backlog remains elevated, providing a still solid pipeline of work to process. We continue to like the name and view Boyd Group Services as a steady compounder capable of growing EBITDA by low-teens percentage annually." The Globe reported on April 26, 2022, and Nov. 15, 2023, that CIBC analyst Krista Friesen continued to rate Boyd Group "neutral." The shares could then be had for $159.78 and $250.17. The Globe reported on Dec. 20, 2023, that Ms. Friesen had boosted Boyd to "outperform." It was then worth $272.21. The Globe reported on Jan. 10, 2024, that TD had reaffirmed its "buy" recommendation on Boyd Group. The shares could then be had for $276.15.

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