Boyd Group Income Fund (TSE:BYD.UN) PT Raised to C$195.00

Boyd Group Income Fund (TSE:BYD.UN) had its price target upped by National Bank Financial from C$175.00 to C$195.00 in a research note issued on Friday, BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. National Bank Financial’s price objective indicates a potential upside of 16.02% from the company’s current price.

A number of other research analysts also recently commented on the stock. TD Securities boosted their price objective on shares of Yellow Pages from C$8.00 to C$9.00 and gave the company a “hold” rating in a research report on Friday, May 17th. CIBC reissued a “hold” rating and issued a $3.00 target price on shares of Information Services Group in a research report on Thursday, May 16th. BMO Capital Markets boosted their target price on shares of SilverCrest Metals from C$6.50 to C$7.00 in a research report on Thursday, May 16th. Desjardins reissued an “average” rating and issued a $5.25 target price on shares of Macy’s in a research report on Friday, March 22nd. Finally, Raymond James set a C$3.50 target price on shares of StorageVault Canada and gave the stock a “strong-buy” rating in a research report on Thursday, May 16th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Boyd Group Income Fund currently has a consensus rating of “Buy” and an average price target of C$167.75.

Boyd Group Income Fund stock opened at C$168.08 on Friday. The stock has a 50 day moving average price of C$168.88. The stock has a market capitalization of $3.34 billion and a P/E ratio of 44.12. The company has a debt-to-equity ratio of 152.88, a quick ratio of 0.43 and a current ratio of 0.61. Boyd Group Income Fund has a fifty-two week low of C$102.59 and a fifty-two week high of C$178.42.

In other Boyd Group Income Fund news, Director Sally Ann Savoia purchased 1,000 shares of the stock in a transaction 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 acquisition, the director now directly owns 5,000 shares of the company’s stock, valued at approximately 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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Analyst Recommendations for Boyd Group Income Fund (TSE:BYD.UN)

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