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

Bird Construction (TSE:BDT) had its price objective lowered by equities researchers at National Bankshares from C$32.00 to C$30.00 in a report released on Friday,BayStreet.CA reports. The brokerage currently has a “sector perform” rating on the stock. National Bankshares’ price objective would indicate a potential upside of 39.99% from the stock’s previous close.

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

Bird Construction Stock Performance

Shares of Bird Construction stock traded up C$1.00 during trading on Friday, hitting C$21.43. 210,689 shares of the stock were exchanged, compared to its average volume of 223,377. The stock has a market capitalization 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. The company has a fifty day moving average price of C$23.16 and a 200-day moving average price of C$25.65. Bird Construction has a 1-year low of C$17.89 and a 1-year high of C$32.67. The company has a current ratio of 1.25, a quick ratio of 1.20 and a debt-to-equity ratio of 74.70.

About Bird Construction

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.