Bird Construction (TSE:BDT) Given New C$30.00 Price Target at National Bankshares

Bird Construction (TSE:BDT) had its price target reduced by equities research analysts at National Bankshares from C$32.00 to C$30.00 in a research report issued to clients and investors on Friday,BayStreet.CA reports. The brokerage presently has a “sector perform” rating on the stock. National Bankshares’ target price would indicate a potential upside of 39.99% from the company’s previous close.

Separately, CIBC increased their target price on Bird Construction from C$34.00 to C$36.00 in a report on Monday, February 3rd. Three investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, Bird Construction presently has a consensus rating of “Moderate Buy” and an average target price of C$33.00.

Bird Construction Stock Up 4.9 %

Shares of BDT traded up C$1.00 during mid-day trading on Friday, reaching C$21.43. The company’s stock had a trading volume of 210,689 shares, compared to its average volume of 223,377. The business has a fifty day moving average of C$23.16 and a 200 day moving average of C$25.65. The company has a market cap of C$1.20 billion, a price-to-earnings ratio of 12.98, a price-to-earnings-growth ratio of 0.53 and a beta of 1.05. Bird Construction has a 1 year low of C$17.89 and a 1 year high of C$32.67. The company has a quick ratio of 1.20, a current ratio of 1.25 and a debt-to-equity ratio of 74.70.

Bird Construction Company Profile

Bird Construction Inc operates as a general contractor in the Canadian construction market. The company focuses primarily on projects in the industrial, commercial and institutional sectors of the general contracting industry. It provides construction services such as new construction for industrial, commercial, and institutional markets; industrial maintenance, repair and operations (MRO) services, heavy civil construction and contract surface mining; as well as vertical infrastructure including, electrical, mechanical, and specialty trades.