Boyd Group Income Fund (TSE:BYD.UN) had its price target upped by investment analysts at Raymond James from C$160.00 to C$180.00 in a report released on Thursday, BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. Raymond James’ price target suggests a potential upside of 8.20% from the company’s previous close.

Several other research firms also recently issued reports on BYD.UN. Desjardins upped their price objective on shares of Boyd Group Income Fund from C$138.00 to C$151.00 in a research note on Friday, March 22nd. TD Securities upped their price objective on shares of Boyd Group Income Fund from C$135.00 to C$160.00 and gave the company a “buy” rating in a research note on Monday, March 25th. CIBC upped their price objective on shares of Boyd Group Income Fund from C$132.00 to C$161.00 in a research note on Friday, March 22nd. National Bank Financial upped their price objective on shares of Boyd Group Income Fund from C$145.00 to C$155.00 and gave the company an “outperform” rating in a research note on Friday, March 22nd. Finally, BMO Capital Markets restated an “average” rating and issued a C$154.00 price objective on shares of Boyd Group Income Fund in a research note on Friday, March 22nd. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Boyd Group Income Fund presently has an average rating of “Buy” and an average price target of C$157.22.

TSE BYD.UN traded up C$3.00 during trading hours on Thursday, hitting C$166.36. The company had a trading volume of 51,498 shares, compared to its average volume of 32,712. The company has a debt-to-equity ratio of 46.53, a current ratio of 0.93 and a quick ratio of 0.67. Boyd Group Income Fund has a 1-year low of C$81.76 and a 1-year high of C$111.99. The company has a market capitalization of $3.26 billion and a PE ratio of 46.76.

In other news, Senior Officer Edward Cheskis sold 200 shares of the stock in a transaction dated Tuesday, March 26th. The shares were sold at an average price of C$138.45, for a total transaction of C$27,690.96. Following the completion of the sale, the insider now owns 217,853 shares in the company, valued at C$30,162,793.54.

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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