Analysts Set Bird Construction Inc. (TSE:BDT) Target Price at C$33.25

Bird Construction Inc. (TSE:BDT) has received an average rating of “Moderate Buy” from the nine research firms that are presently covering the company, Marketbeat Ratings reports. Three analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is C$33.25.

A number of equities analysts have recently commented on BDT shares. CIBC increased their price target on shares of Bird Construction from C$34.00 to C$36.00 in a report on Monday, February 3rd. Stifel Nicolaus upped their target price on shares of Bird Construction from C$37.00 to C$38.00 in a research report on Thursday, November 7th.

Bird Construction Stock Down 2.2 %

Shares of TSE:BDT opened at C$23.96 on Monday. The firm has a fifty day moving average price of C$25.32 and a two-hundred day moving average price of C$26.02. The company has a market cap of C$1.33 billion, a price-to-earnings ratio of 15.36, a PEG ratio of 0.53 and a beta of 1.05. The company has a debt-to-equity ratio of 70.40, a current ratio of 1.25 and a quick ratio of 1.20. Bird Construction has a one year low of C$15.36 and a one year high of C$32.67.

Bird Construction Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Thursday, March 20th will be paid a dividend of $0.07 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.51%. The ex-dividend date of this dividend is Friday, February 28th. Bird Construction’s dividend payout ratio is 53.85%.

Bird Construction Company Profile

Bird Construction Inc provides construction services in Canada. The company primarily focuses on projects in the industrial, and institutional, and infrastructure markets. It constructs large, complex industrial buildings, including manufacturing, processing, distribution, and warehouse facilities; and provides electrical and instrumentation, high voltage testing and commissioning services, as well as power line construction, structural, mechanical, and piping, including off-site metal and modular fabrication.