National Bank Financial Boosts Bird Construction (TSE:BDT) Price Target to C$39.00

Bird Construction (TSE:BDT) had its price objective increased by research analysts at National Bank Financial from C$34.00 to C$39.00 in a report issued on Friday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. National Bank Financial’s target price would suggest a potential upside of 14.44% from the stock’s current price.

Several other brokerages also recently issued reports on BDT. Raymond James Financial set a C$34.00 price target on shares of Bird Construction and gave the company an “outperform” rating in a report on Tuesday, January 20th. Canadian Imperial Bank of Commerce decreased their price objective on shares of Bird Construction from C$37.00 to C$36.00 in a research note on Friday, November 14th. ATB Cormark Capital Markets lowered shares of Bird Construction from a “strong-buy” rating to a “moderate buy” rating in a report on Friday, February 20th. Finally, 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. Six research analysts have rated the stock with a Buy rating, According to MarketBeat, Bird Construction presently has an average rating of “Buy” and a consensus target price of C$38.13.

Bird Construction Stock Performance

Bird Construction stock opened at C$34.08 on Friday. The firm 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 stock has a fifty day moving average price of C$30.93 and a two-hundred day moving average price of C$29.08. Bird Construction has a 52-week low of C$17.52 and a 52-week high of C$34.75. 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 (TSE:BDT) last issued its earnings results on Wednesday, March 11th. The company reported C$0.57 EPS for the quarter. Bird Construction had a net margin of 1.40% and a return on equity of 10.81%. The company had revenue of C$877.01 million for the quarter. As a group, analysts anticipate that Bird Construction will post 2.7598533 EPS for the current fiscal year.

Trending Headlines about Bird Construction

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

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.