Raymond James set a C$215.00 target price on Boyd Group Income Fund (TSE:BYD) in a report issued on Wednesday morning, BayStreet.CA reports. The firm currently has an outperform rating on the stock.
A number of other research firms have also commented on BYD. AltaCorp Capital lowered shares of Boyd Group Income Fund from an outperform rating to a sector perform rating in a research note on Wednesday, November 13th. TD Securities lowered shares of Boyd Group Income Fund from a buy rating to a hold rating and upped their price objective for the company from C$215.00 to C$225.00 in a research note on Wednesday, January 8th.
TSE BYD traded up C$5.09 on Wednesday, hitting C$218.09. The company’s stock had a trading volume of 33,292 shares, compared to its average volume of 50,447. The company has a debt-to-equity ratio of 160.65, a quick ratio of 0.42 and a current ratio of 0.60. Boyd Group Income Fund has a 1-year low of C$201.63 and a 1-year high of C$219.10. The stock has a market cap of $4.20 billion and a P/E ratio of 57.54.
The company also recently disclosed a monthly dividend, which will be paid on Wednesday, January 29th. Stockholders of record on Tuesday, December 31st will be paid a $0.046 dividend. This is a positive change from Boyd Group Income Fund’s previous monthly dividend of $0.05. This represents a $0.55 dividend on an annualized basis and a dividend yield of 0.25%. The ex-dividend date is Monday, December 30th. Boyd Group Income Fund’s dividend payout ratio is currently 14.22%.
Featured Article: What is Cost of Goods Sold (COGS)?
Receive News & Ratings for Boyd Group Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Boyd Group Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.