Is Boyd Group Income Fund (TSE:BYD.UN) Now a Sell? Find Out What RBC Capital Mkts Thinks


How RBC Capital Mkts Currently Rates Boyd Group Income Fund (TSE:BYD.UN)

Toronto: Boyd Group Income Fund (TSE:BYD.UN) coverage was started with a Sector Perform rating by professional analysts at RBC Capital Mkts. This was issued in a recent report on Tuesday, 15 December.

From a total of 4 analysts covering Boyd Group Income Fund (TSE:BYD.UN) stock, 3 rate it a ”Buy”, 0 a “Sell”, and 1 a ”Hold”. This means that 75% of the ratings are positive. The highest target price is $75 while the lowest target price is $68. The mean of all analyst targets is $71.17 with a 4.94% above today’s ($67.82) stock price. Boyd Group Income Fund was the topic of 8 analyst reports since August 17, 2015 according to the firm StockzIntelligence Inc. Scotia Capital upgraded shares on November 12 to “Sector Perform” rating.

The stock decreased 1.06% or $0.73 on December 14, striking $67.82. Approximately 79,903 shares of stock traded hands or 73.43% up from the average. Boyd Group Income Fund (TSE:BYD.UN) has risen 26.77% since May 12, 2015 and is uptrending. It has outperformed by 30.44% the S&P500.

Is Boyd Group Income Fund (TSE:BYD.UN) Now a Sell? Find Out What RBC Capital Mkts Thinks

Boyd Group Income Fund is a Canada unincorporated, open-ended mutual fund trust. The company has a market cap of $1.14 billion. The Company’s business consists of the ownership and operation of autobody/autoglass repair facilities and related services. It currently has negative earnings. The Firm operates locations in five Canadian provinces under the trade name Boyd Autobody & Glass, as well as in 17 states in the United States under the trade names Gerber Collision & Glass, Collision Revision and Champ’s Collision Centers.