Bird Construction (TSE:BDT – Get Free Report) had its price target boosted by investment analysts at ATB Capital from C$29.00 to C$33.00 in a report released on Friday, BayStreet.CA reports. ATB Capital’s price objective would indicate a potential upside of 34.91% from the company’s current price.
A number of other analysts have also recently issued reports on BDT. Raymond James increased their price objective on Bird Construction from C$20.50 to C$25.00 and gave the stock an “outperform” rating in a report on Thursday, May 16th. Stifel Nicolaus boosted their price target on shares of Bird Construction from C$30.00 to C$31.00 in a research report on Friday. BMO Capital Markets lifted their price target on Bird Construction from C$29.00 to C$30.00 in a research report on Tuesday, July 16th. Canaccord Genuity Group lifted their target price on shares of Bird Construction from C$21.00 to C$23.00 and gave the company a “buy” rating in a research note on Wednesday, May 15th. Finally, National Bankshares boosted their target price on shares of Bird Construction from C$21.00 to C$23.00 and gave the company a “sector perform” rating in a report on Tuesday, June 11th. Two research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat, Bird Construction currently has an average rating of “Moderate Buy” and an average target price of C$27.63.
Read Our Latest Research Report on Bird Construction
Bird Construction Stock Performance
Bird Construction (TSE:BDT – Get Free Report) last released its quarterly earnings data on Wednesday, August 7th. The company reported C$0.42 EPS for the quarter, topping the consensus estimate of C$0.38 by C$0.04. Bird Construction had a net margin of 2.59% and a return on equity of 25.39%. The company had revenue of C$873.54 million during the quarter, compared to the consensus estimate of C$772.65 million. As a group, sell-side analysts predict that Bird Construction will post 1.9383117 earnings per share for the current year.
About Bird Construction
Bird Construction Inc provides construction services in Canada. The company primarily focuses on projects in the industrial, and institutional, and infrastructure markets. It constructs large, complex industrial buildings, including manufacturing, processing, distribution, and warehouse facilities; and provides electrical and instrumentation, high voltage testing and commissioning services, as well as power line construction, structural, mechanical, and piping, including off-site metal and modular fabrication.
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