Bird Construction Inc. (TSE:BDT) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Bird Construction Inc. (TSE:BDT) has been given a consensus recommendation of “Moderate Buy” by the nine analysts that are currently covering the firm, Marketbeat.com reports. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is C$33.25.

BDT has been the subject of a number of research reports. CIBC raised 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 boosted 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 Trading Down 2.8 %

TSE:BDT opened at C$20.60 on Friday. The company has a current ratio of 1.25, a quick ratio of 1.20 and a debt-to-equity ratio of 74.70. The stock has a market capitalization of C$1.15 billion, a price-to-earnings ratio of 12.47, a PEG ratio of 0.53 and a beta of 1.05. The firm has a fifty day simple moving average of C$23.80 and a two-hundred day simple moving average of C$25.80. Bird Construction has a 12 month low of C$17.89 and a 12 month high of C$32.67.

Bird Construction Announces Dividend

The business 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 $0.07 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 4.08%. The ex-dividend date of this dividend is Friday, February 28th. Bird Construction’s payout ratio is 50.87%.

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.