The Globe and Mail reports in its Wednesday, Nov. 12, edition that Raymond James analyst Steve Hansen continues to rate Boyd Group "strong buy." The Globe's David Leeder writes in the Eye On Equities column that Mr. Hansen hiked his share target to $290 from $285. Analysts on average target the shares at $272.64. Mr. Hansen says in a note: "Overall, we view this transaction as highly strategic, providing Boyd with several key benefits, including: 1) a complementary geographic footprint with attractive growth fundamentals; 2) added market density and leadership benefits that are expected to help bolster margins; 3) a strong basket of synergies ($35-million (U.S.) to $45-million (U.S.)); and 4) healthy EPS accretion despite paying a relatively 'full' price." The Globe reported on Nov. 1, 2024, that Mr. Hansen had cut his share target for Boyd Group Services to $295 from $325, while maintaining a "strong buy" recommendation. The shares could then be had for $216.75. The Globe reported on Nov. 5, 2025, that Stifel analyst Daryl Young had reaffirmed his "buy" recommendation for Boyd Group Services. The shares could then be had for $215.38.
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