Published On: Wed, Sep 14th, 2016

Boyd Group Income Fund (TSE:BYD.UN) Given Consensus Recommendation of “Buy” by Analysts

Boyd Group Income Fund (TSE:BYD.UN) has earned a consensus rating of “Buy” from the eleven research firms that are presently covering the firm. One investment analyst has rated the stock with a hold rating and three have assigned a buy rating to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is C$86.00.
Several brokerages recently issued reports on BYD.UN. Raymond James Financial Inc. boosted their target price on shares of Boyd Group Income Fund from C$85.00 to C$90.00 and gave the company an “outperform” rating in a research report on Tuesday, August 16th. RBC Capital Markets lifted their price target on shares of Boyd Group Income Fund from C$75.00 to C$84.00 in a report on Monday, August 15th. AltaCorp Capital lifted their price target on shares of Boyd Group Income Fund from C$87.00 to C$94.00 in a report on Monday, August 15th. Scotiabank lifted their price target on shares of Boyd Group Income Fund from C$79.00 to C$89.00 and gave the company a “sector perform” rating in a report on Monday, August 15th. Finally, CIBC lifted their price target on shares of Boyd Group Income Fund from C$84.00 to C$90.00 in a report on Monday, August 15th.
About Boyd Group Income Fund
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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