Boyd Group Fund (BYD.UN) Gets a Buy Rating from Raymond James
In a new note to investors today, an analyst has provided a rating update for Boyd Group Fund (BYD.UN). The Utilities company, Boyd Group Fund (TSX: BYD.UN) has just received a rating update from a Wall Street analyst.
Hansen has an average return of 38.4% when recommending Boyd Group Fund.
According to TipRanks.com, Hansen is ranked #989 out of 5232 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Boyd Group Fund with a C$191.20 average price target, which is a 10.1% upside from current levels. In a report issued on August 6, CIBC also initiated coverage with a Buy rating on the stock with a C$194 price target.
The company has a one-year high of C$182.22 and a one-year low of C$102.59. Currently, Boyd Group Fund has an average volume of 43.1K.
Boyd Group Income Fund is an unincorporated and open-minded fund trust, which engages in managing non-franchised collision repair centers and retails of auto glass. Its businesses include Boyd Autobody and Glass, Gerber Collision and Glass, Gerber National Claim Services, Glass America, and Assured Automotive.
The company’s shares closed last Thursday at C$170.14, close to its 52-week high of C$182.22.