Boyd Group Income Fund (TSE:BYD.UN) had its price target raised by National Bank Financial from C$195.00 to C$205.00 in a research report report published on Wednesday morning, BayStreet.CA reports. National Bank Financial currently has an outperform rating on the stock.
A number of other analysts have also issued reports on BYD.UN. BMO Capital Markets increased their price target on shares of Boyd Group Income Fund from C$154.00 to C$190.00 in a research report on Thursday, May 16th. Raymond James increased their price target on shares of Boyd Group Income Fund from C$160.00 to C$180.00 and gave the stock an outperform rating in a research report on Thursday, May 16th. Laurentian increased their price target on shares of Boyd Group Income Fund from C$185.00 to C$190.00 and gave the stock a buy rating in a research report on Monday, July 22nd. TD Securities increased their price target on shares of Boyd Group Income Fund from C$160.00 to C$190.00 and gave the stock a buy rating in a research report on Friday, May 17th. Finally, CIBC increased their price target on shares of Boyd Group Income Fund from C$187.00 to C$194.00 in a research report on Tuesday, August 6th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Boyd Group Income Fund has a consensus rating of Buy and a consensus price target of C$179.25.
Shares of BYD.UN traded down C$4.60 during midday trading on Wednesday, hitting C$172.84. The stock had a trading volume of 90,897 shares, compared to its average volume of 32,712. Boyd Group Income Fund has a fifty-two week low of C$102.59 and a fifty-two week high of C$182.22. The stock’s 50-day moving average price is C$171.43. The company has a market capitalization of $3.43 billion and a price-to-earnings ratio of 45.97. The company has a current ratio of 0.61, a quick ratio of 0.43 and a debt-to-equity ratio of 152.88.
In other Boyd Group Income Fund news, Director Sally Ann Savoia acquired 1,000 shares of the business’s stock in a transaction that occurred on Friday, June 28th. The shares were purchased at an average price of C$165.50 per share, with a total value of C$165,500.00. Following the completion of the transaction, the director now owns 5,000 shares in the company, valued at C$827,500.
About Boyd Group Income Fund
Boyd Group Income Fund operates as an unincorporated open-ended mutual fund trust. The company, through its operating company, The Boyd Group Inc, operates non-franchised collision repair centers. Its collision repair centers offer automotive collision and glass repair, and related services. The company operates its autobody/autoglass repair and related services facilities, as well as auto glass retail facilities under the Boyd Autobody & Glass, Assured Automotive, Gerber Collision & Glass, Glass America, Auto Glass Service, Auto Glass Authority, and Autoglassonly.com trade names in the United States and Canada.
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