North American Construction Group (TSE:NOA – Get Free Report) (NYSE:NOA) had its price target lifted by investment analysts at National Bankshares from C$46.00 to C$47.00 in a research report issued on Friday, BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. National Bankshares’ price objective would indicate a potential upside of 67.50% from the stock’s previous close.
NOA has been the topic of several other reports. ATB Capital dropped their price target on shares of North American Construction Group from C$46.00 to C$45.00 in a research report on Thursday, March 14th. TD Securities raised shares of North American Construction Group from a “hold” rating to a “buy” rating and set a C$34.00 price target on the stock in a research report on Thursday, April 18th. CIBC upped their price target on shares of North American Construction Group from C$32.50 to C$33.00 in a research report on Friday, March 15th. Finally, BMO Capital Markets dropped their price target on shares of North American Construction Group from C$39.00 to C$37.00 and set an “outperform” rating on the stock in a research report on Thursday. Six investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of C$40.57.
Check Out Our Latest Analysis on NOA
North American Construction Group Stock Performance
North American Construction Group (TSE:NOA – Get Free Report) (NYSE:NOA) last announced its quarterly earnings data on Wednesday, March 13th. The company reported C$0.88 EPS for the quarter, topping analysts’ consensus estimates of C$0.82 by C$0.06. North American Construction Group had a net margin of 6.60% and a return on equity of 19.06%. The business had revenue of C$326.30 million for the quarter, compared to analyst estimates of C$315.13 million. Equities research analysts expect that North American Construction Group will post 4.4898551 EPS for the current fiscal year.
Insider Activity
In related news, Director Martin Robert Ferron sold 20,000 shares of the company’s stock in a transaction dated Tuesday, April 2nd. The shares were sold at an average price of C$22.85, for a total value of C$457,000.00. Insiders own 8.44% of the company’s stock.
North American Construction Group Company Profile
North American Construction Group Ltd. provides mining and heavy civil construction services to customers in the resource development and industrial construction sectors in Australia, Canada, and the United States. The company operates Heavy Equipment – Canada, Heavy Equipment – Australia, and Other segments.
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