Bird Construction (BDT) Price Target Increased to C$10.00 by Analysts at National Bank Financial

Bird Construction (TSE:BDT) had its target price hoisted by National Bank Financial from C$9.50 to C$10.00 in a research note issued on Friday. National Bank Financial’s price target would suggest a potential upside of 47.28% from the company’s previous close.

A number of other analysts have also weighed in on BDT. Raymond James dropped their target price on shares of Bird Construction from C$11.50 to C$10.50 and set an “outperform” rating for the company in a report on Thursday, August 9th. TD Securities upgraded shares of Bird Construction from a “hold” rating to a “buy” rating and set a C$9.00 price objective for the company in a report on Friday, August 10th.

Shares of Bird Construction stock traded down C$0.25 during trading on Friday, reaching C$6.79. 38,132 shares of the stock were exchanged, compared to its average volume of 84,299. The company has a current ratio of 1.14, a quick ratio of 1.13 and a debt-to-equity ratio of 79.65. Bird Construction has a 1 year low of C$6.30 and a 1 year high of C$10.40.

Bird Construction (TSE:BDT) last posted its earnings results on Wednesday, August 8th. The company reported C($0.13) earnings per share for the quarter, missing the Zacks’ consensus estimate of C($0.01) by C($0.12). The firm had revenue of C$320.13 million for the quarter, compared to the consensus estimate of C$324.00 million. On average, analysts expect that Bird Construction will post 0.610000032059661 earnings per share for the current year.

Bird Construction Company Profile

Bird Construction Inc operates as a general contractor in Canada. The company primarily focuses on projects in the industrial, commercial, and institutional sectors of the general contracting industry. It constructs industrial buildings; and performs civil construction operations, including site preparation, concrete foundations, metal and modular fabrication, mechanical process work, underground piping, and earthwork for clients primarily operating in the oil and gas, and mining businesses.

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