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

Boyd Group Services (OTCMKTS:BYDGF) was upgraded by equities research analysts at Royal Bank of Canada to a “moderate buy” rating in a research report issued to clients and investors on Wednesday,Zacks.com reports.

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

Boyd Group Services Trading Up 3.0 %

OTCMKTS BYDGF opened at $159.25 on Wednesday. Boyd Group Services has a fifty-two week low of $143.50 and a fifty-two week high of $244.81. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.47 and a current ratio of 0.61. The stock has a 50 day simple moving average of $156.55 and a two-hundred day simple moving average of $170.86. The stock has a market cap of $3.42 billion, a P/E ratio of 58.33 and a beta of 0.61.

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

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.