Boyd Group Income Fund (BYD.UN) PT Lowered to C$132.00

Boyd Group Income Fund (TSE:BYD.UN) had its target price reduced by stock analysts at CIBC from C$134.00 to C$132.00 in a research report issued on Thursday. CIBC’s target price indicates a potential upside of 20.40% from the company’s current price.

Several other analysts have also commented on BYD.UN. TD Securities increased their price objective on Boyd Group Income Fund from C$125.00 to C$135.00 and gave the company a “buy” rating in a report on Monday, August 13th. BMO Capital Markets increased their price objective on Boyd Group Income Fund from C$126.00 to C$133.00 and gave the company an “outperform” rating in a report on Monday, August 13th. Royal Bank of Canada increased their price objective on Boyd Group Income Fund from C$111.00 to C$115.00 and gave the company a “sector perform” rating in a report on Monday, August 13th. National Bank Financial increased their price objective on Boyd Group Income Fund from C$125.00 to C$130.00 and gave the company an “outperform” rating in a report on Monday, August 13th. Finally, Raymond James restated an “outperform” rating and issued a C$125.00 target price on shares of Boyd Group Income Fund in a research note on Monday, November 5th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of C$126.38.

Shares of BYD.UN opened at C$109.63 on Thursday. Boyd Group Income Fund has a 12 month low of C$81.76 and a 12 month high of C$111.99.

Boyd Group Income Fund Company Profile

Boyd Group Income Fund (the Fund) is an unincorporated, open-ended mutual fund trust. The Fund’s primary line of business is automotive collision and glass repair and related services. It operates in automotive collision repair and related services segment. It is engaged in acquiring and holding an interest in The Boyd Group Inc The Boyd Group Inc’s business consists of the ownership and operation of autobody/autoglass repair facilities and related services.

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Analyst Recommendations for Boyd Group Income Fund (TSE:BYD.UN)

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