12:53 PM EST, 11/04/2025 (MT Newswires) -- Stifel Canada has raised its price target on Boyd Group Services ( BGSI ) by $10, to $275, and maintained its Buy rating.

Boyd recently acquired Alabama-based Joe Hudson's Collision Centre and announced a concurrent US$780 million bought deal IPO in the U.S. The company also completed the sale of C$525 million of senior unsecured notes at 5.5%.

"Overall, we like the transaction given the strategic merits of adding a market leader in the high-growth U.S. Southeast while also solidifying Boyd's industry ranking (but still significant room to grow with only ~7.6% market share). Additionally, JHCC brings strong margins," writes analyst Daryl Young.

Price: 223.48, Change: -1.23, Percent Change: -0.55