Boyd Group Services (OTCMKTS:BYDGF) Rating Increased to Moderate Buy at Royal Bank of Canada

Royal Bank of Canada upgraded shares of Boyd Group Services (OTCMKTS:BYDGF) to a moderate buy rating in a report released on Wednesday,Zacks.com reports.

A number of other brokerages have also recently commented on BYDGF. Stifel Canada raised shares of Boyd Group Services to a “strong-buy” rating in a research note on Tuesday, October 15th. Cibc World Mkts raised shares of Boyd Group Services to a “strong-buy” rating in a research note on Friday, August 9th. Finally, The Goldman Sachs Group upgraded shares of Boyd Group Services to a “strong sell” rating in a report on Thursday, August 8th.

Boyd Group Services Trading Up 3.0 %

Boyd Group Services stock traded up $4.60 during trading hours on Wednesday, reaching $159.25. 3,082 shares of the company’s stock were exchanged, compared to its average volume of 1,467. Boyd Group Services has a twelve month low of $143.50 and a twelve month high of $244.81. The firm has a market capitalization of $3.42 billion, a PE ratio of 58.33 and a beta of 0.61. The firm’s 50 day simple moving average is $156.55 and its 200 day simple moving average is $170.86. The company has a quick ratio of 0.47, a current ratio of 0.61 and a debt-to-equity ratio of 0.58.

Boyd Group Services (OTCMKTS:BYDGF) last issued its earnings results on Thursday, August 8th. The company reported $0.56 earnings per share (EPS) for the quarter. The company had revenue of $779.16 million for the quarter. Boyd Group Services had a net margin of 1.93% and a return on equity of 7.61%.

About Boyd Group Services

Boyd Group Services Inc, together with its subsidiaries, operates non-franchised collision repair centers in North America. The company operates its locations under the Boyd Autobody & Glass and Assured Automotive names in Canada; and Gerber Collision & Glass name in the United States. It also operates as a retail auto glass operator under the Gerber Collision & Glass, Glass America, Auto Glass Service, Auto Glass Authority, and Autoglassonly.com names in the United States.