Raymond James Financial Increases Bird Construction (TSE:BDT) Price Target to C$44.00

Bird Construction (TSE:BDT) had its price objective hoisted by equities research analysts at Raymond James Financial from C$34.00 to C$44.00 in a note issued to investors on Friday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. Raymond James Financial’s price target would suggest a potential upside of 29.11% from the company’s previous close.

Several other analysts have also weighed in on the stock. ATB Cormark Capital Markets lifted their price objective on shares of Bird Construction from C$35.00 to C$38.00 and gave the company an “outperform” rating in a research note on Friday. BMO Capital Markets cut their target price on shares of Bird Construction from C$37.00 to C$34.00 in a research note on Thursday, November 13th. Canadian Imperial Bank of Commerce reduced their price target on shares of Bird Construction from C$37.00 to C$36.00 in a report on Friday, November 14th. National Bank Financial lifted their price target on shares of Bird Construction from C$34.00 to C$39.00 and gave the company an “outperform” rating in a research note on Friday. Finally, Canaccord Genuity Group lifted their price target on shares of Bird Construction from C$33.00 to C$37.00 and gave the company a “buy” rating in a research note on Friday. Six investment analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has an average rating of “Buy” and a consensus target price of C$38.13.

Bird Construction Trading Up 3.8%

TSE BDT opened at C$34.08 on Friday. The stock has a market capitalization of C$1.89 billion, a P/E ratio of 20.05, a P/E/G ratio of 0.53 and a beta of 0.68. The business has a 50 day simple moving average of C$30.93 and a 200 day simple moving average of C$29.08. The company has a debt-to-equity ratio of 75.66, a current ratio of 1.26 and a quick ratio of 1.20. Bird Construction has a one year low of C$17.52 and a one year high of C$34.75.

Bird Construction (TSE:BDT) last issued its quarterly earnings results on Wednesday, March 11th. The company reported C$0.57 earnings per share (EPS) for the quarter. The firm had revenue of C$877.01 million for the quarter. Bird Construction had a return on equity of 10.81% and a net margin of 1.40%. Research analysts expect that Bird Construction will post 2.7598533 earnings per share for the current year.

Bird Construction News Roundup

Here are the key news stories impacting Bird Construction this week:

• Positive Sentiment: Company reported a combined $11 billion backlog and pending backlog, giving multi‑year revenue visibility and reducing near‑term revenue volatility — a key reason investors are bidding the stock up. Bird Reports 2025 Fourth Quarter Results; $11 Billion Combined Backlog and Pending Backlog
• Positive Sentiment: Coverage highlighting the Fraser River deal and record backlog frames these wins as reshaping Bird’s investment case — the deal adds scale to the pipeline and supports higher utilization. Should Bird’s Record Backlog and Fraser River Deal Reshape the Investment Case for Bird (TSX:BDT)?
• Positive Sentiment: Q4 results: EPS C$0.57, revenue C$877M, ROE ~21.4% — the quarter and supporting slide deck reinforced execution and margins, helping justify analyst upgrades. Q4 press release / slide deck
• Positive Sentiment: Multiple broker upgrades and higher price targets: Stifel raised its PT to C$55 (buy), Raymond James to C$44 (outperform) and several others raised targets — these re‑ratings increase upside in sell‑side models and likely boosted buyer interest. Analyst price target updates (BayStreet)
• Neutral Sentiment: Analysis noting a shifting narrative toward tighter targets and higher stakes: management discipline can lift valuation but raises execution risk if delivery slips — monitor guidance and margin trends. Why The Narrative Around Bird Construction (TSX:BDT) Is Shifting With Tighter Targets And Higher Stakes
• Neutral Sentiment: Valuation pieces assessing the stock after Ontario All‑Weather Road acceleration suggest upside is sensitive to project timing and margin assumptions — valuation now reflects higher backlog but hinges on execution. Assessing Bird Construction (TSX:BDT) Valuation After Ontario All‑Weather Road Acceleration News

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.