National Bankshares Issues Pessimistic Forecast for Bird Construction (TSE:BDT) Stock Price

Bird Construction (TSE:BDT) had its price objective decreased by National Bankshares from C$32.00 to C$30.00 in a note issued to investors on Friday,BayStreet.CA reports. The brokerage presently has a “sector perform” rating on the stock. National Bankshares’ price objective points to a potential upside of 39.47% from the stock’s current price.

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

Bird Construction Trading Up 5.3 %

TSE BDT opened at C$21.51 on Friday. The firm has a 50 day moving average of C$23.05 and a two-hundred day moving average of C$25.63. The stock has a market capitalization of C$1.20 billion, a PE ratio of 13.03, a price-to-earnings-growth ratio of 0.53 and a beta of 1.05. Bird Construction has a 52 week low of C$17.89 and a 52 week high of C$32.67. The company has a quick ratio of 1.20, a current ratio of 1.25 and a debt-to-equity ratio of 74.70.

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.