BMO Capital Maintains a Buy Rating on Boyd Group Fund (BYD.UN)

By Carrie Williams

In a latest note to investors, a research analyst has provided a rating update for the Boyd Group Fund (BYD.UNResearch Report). Analyst Jonathan Lamers from BMO Capital rated Boyd Group Fund (BYD.UNResearch Report) a Buy today, setting a C$135 price target.

Lamers has an average return of 14.3% when recommending Boyd Group Fund.

According to TipRanks.com, Lamers is ranked #1129 out of 5144 analysts.

Boyd Group Fund has an analyst consensus of Strong Buy, with a price target consensus of C$134.

Boyd Group Fund’s market cap is currently C$2.2B and has a P/E ratio of 30.6. The company has a Price to Book ratio of 4.38.

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 on Thursday at C$113.71.