Bird Construction Inc. (TSE:BDT) Given Consensus Recommendation of "Buy" by Analysts

Bird Construction Inc. (TSE:BDT - Get Free Report) has earned an average rating of "Buy" from the ten brokerages that are presently covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating, six have assigned a buy rating and two have given a strong buy rating to the company. The average 12-month price objective among brokers that have covered the stock in the last year is C$31.61.

Several research firms have recently issued reports on BDT. Raymond James upgraded shares of Bird Construction from an "outperform" rating to a "strong-buy" rating and set a C$35.00 target price for the company in a research note on Tuesday, April 22nd. Stifel Nicolaus dropped their price target on shares of Bird Construction from C$37.00 to C$34.50 and set a "buy" rating on the stock in a research note on Thursday, April 17th. Canaccord Genuity Group reduced their target price on Bird Construction from C$36.00 to C$35.00 and set a "buy" rating for the company in a report on Friday, March 14th. CIBC decreased their price target on shares of Bird Construction from C$36.00 to C$31.00 in a report on Friday, March 14th. Finally, National Bankshares decreased their price objective on shares of Bird Construction from C$32.00 to C$30.00 and set a "sector perform" rating on the stock in a research report on Friday, March 14th.

Bird Construction Stock Up 1.8 %

BDT traded up C$0.38 during trading on Friday, hitting C$21.37. 116,751 shares of the company's stock were exchanged, compared to its average volume of 208,525. The stock has a market cap of C$1.19 billion, a P/E ratio of 12.94, a PEG ratio of 0.53 and a beta of 1.05. 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 has a fifty-two week low of C$17.52 and a fifty-two week high of C$32.67. The business's 50 day moving average is C$21.03 and its two-hundred day moving average is C$25.03.

Bird Construction Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, May 20th. Investors of record on Tuesday, May 20th will be given a dividend of $0.07 per share. The ex-dividend date is Wednesday, April 30th. This represents a $0.84 annualized dividend and a yield of 3.93%. Bird Construction's payout ratio is 50.87%.

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.