Bird Construction (TSE:BDT) Price Target Raised to C$52.00 at BMO Capital Markets

Bird Construction (TSE:BDT) had its price objective upped by BMO Capital Markets from C$38.00 to C$52.00 in a research note published on Thursday,BayStreet.CA reports. They currently have an outperform rating on the stock.

Other analysts have also issued research reports about the company. TD Securities lifted their target price on Bird Construction from C$31.00 to C$44.00 and gave the stock a “buy” rating in a report on Monday, March 16th. ATB Cormark Capital Markets raised their price target on shares of Bird Construction from C$35.00 to C$38.00 and gave the company an “outperform” rating in a report on Friday, March 13th. Raymond James Financial raised their target price on shares of Bird Construction from C$34.00 to C$44.00 and gave the stock an “outperform” rating in a report on Friday, March 13th. Canaccord Genuity Group lifted their target price on shares of Bird Construction from C$33.00 to C$37.00 and gave the stock a “buy” rating in a research report on Friday, March 13th. Finally, National Bank Financial upped their price objective on Bird Construction from C$34.00 to C$39.00 and gave the company an “outperform” rating in a research report on Friday, March 13th. Seven research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Bird Construction currently has an average rating of “Buy” and an average target price of C$41.38.

Bird Construction Stock Up 2.7%

Shares of TSE:BDT opened at C$38.97 on Thursday. Bird Construction has a 12-month low of C$17.52 and a 12-month high of C$39.86. The company has a current ratio of 1.26, a quick ratio of 1.20 and a debt-to-equity ratio of 75.66. The stock has a fifty day simple moving average of C$32.09 and a two-hundred day simple moving average of C$29.83. The stock has a market capitalization of C$2.16 billion, a price-to-earnings ratio of 45.31, a PEG ratio of 0.53 and a beta of 0.68.

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

Bird Construction Company Profile

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.