Boyd Group Income Fund (BYD.UN) Receives C$92.57 Consensus Target Price from Brokerages

Boyd Group Income Fund (TSE:BYD.UN) has been given an average recommendation of “Buy” by the seven research firms that are covering the company. Two equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 12-month price objective among analysts that have covered the stock in the last year is C$93.00.

Several research analysts have recently weighed in on BYD.UN shares. Raymond James Financial, Inc. reissued an “outperform” rating and set a C$90.00 price objective on shares of Boyd Group Income Fund in a report on Thursday, March 23rd. Royal Bank of Canada boosted their price objective on shares of Boyd Group Income Fund from C$88.00 to C$89.00 and gave the company a “sector perform” rating in a report on Friday, March 17th. Finally, Scotiabank reissued a “sector perform” rating and set a C$92.00 price objective on shares of Boyd Group Income Fund in a report on Thursday, March 23rd.

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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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