TD cuts target for Boyd Group Services stock from CAD 200.00 to CAD 175.00
Published on 10/20/2026 at 21:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and reporting date
- TD cut its Boyd Group Services target from CAD 200.00 to CAD 175.00 on October 9, 2026.
- Second-quarter revenue rose 29.90 percent to USD 1,013.7 million, while adjusted EBITDA reached USD 135.9 million.
- Boyd Group Services stock costs EUR 71.75 at Lang & Schwarz on October 20, 2026 at 9:11 p.m. CEST.
- Third-quarter 2026 results are scheduled for November 11, 2026, before markets open.
Boyd Group Services (CA1033101082) faces a lower analyst target after TD cut its view from CAD 200.00 to CAD 175.00 on October 9, 2026, while keeping its top pick rating, as MarketBeat reported. The new target is 54.04 percent above the TSX price of CAD 113.61 on October 20, 2026. Boyd Group Services was trading at EUR 71.75 at Lang & Schwarz on October 20, 2026 at 9:11 p.m. CEST.
Revenue passed USD 1 billion
The latest operating picture combines rapid sales growth with weak reported earnings. In the second quarter of 2026, revenue climbed 29.90 percent to USD 1,013.7 million, while adjusted EBITDA increased 44.90 percent to USD 135.9 million, according to Yahoo Finance on September 23, 2026. Adjusted EBITDA margin rose to 13.40 percent from 12.00 percent a year earlier.
Stock stays near its yearly low
The TSX quote of CAD 113.61 stood above the 52-week low of CAD 107.53 and well below the 52-week high of CAD 248.23 on October 20, 2026. The finance data showed a market capitalization of CAD 3.2 billion and a trailing P/E ratio of 178.08 at the same timestamp. The wide range reflects the gap between stronger revenue growth and limited earnings conversion.
November results set the next date
Boyd Group Services will release fiscal 2026 third-quarter results before markets open on November 11, 2026, followed by an 8:00 a.m. ET conference call, according to the company's release dated October 15, 2026, published on its investor relations page. That date gives investors a defined checkpoint for whether acquisition integration and cost savings are reaching the bottom line.
What does the target imply?
TD's CAD 175.00 target sits CAD 61.39 above the TSX price of CAD 113.61, a 54.04 percent difference calculated in the same currency. The comparison matters because the latest quarter delivered a 29.90 percent revenue increase, yet adjusted EBITDA growth of 44.90 percent did not translate into a similarly strong earnings profile.
European quote and investor view
The euro quotation places the stock at EUR 71.75 at Lang & Schwarz on October 20, 2026 at 9:11 p.m. CEST, in after-hours trading. The next scheduled results date will provide the clearest new test of margins and integration progress. The further course of trading is shown by the continuously updated real-time quote of Boyd Group Services stock.
Boyd Group Services market data
- Company: Boyd Group Services Inc.
- ISIN: CA1033101082
- Ticker: BYD.TO
- Primary exchange: TSX
- Price Lang & Schwarz (as of October 20, 2026, 9:11 p.m. CEST): EUR 71.75
- Market capitalization: CAD 3.2 billion (as of October 20, 2026)
- 52-week range: CAD 107.53-248.23 (as of October 20, 2026)
- Sector / Industry: Consumer Cyclical / Auto Dealerships
- Next earnings date: November 11, 2026
Market context: Market report S&P/TSX Composite.
