Bird Construction (TSE:BDT - Get Free Report) had its price objective lowered by research analysts at CIBC from C$36.00 to C$31.00 in a report issued on Friday,BayStreet.CA reports. CIBC's price target would indicate a potential upside of 44.12% from the stock's current price.
BDT has been the topic of a number of other reports. Canaccord Genuity Group decreased their target price on Bird Construction from C$36.00 to C$35.00 and set a "buy" rating on the stock in a report on Friday. National Bankshares decreased their price target on Bird Construction from C$32.00 to C$30.00 and set a "sector perform" rating on the stock in a report on Friday. Three equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of C$33.00.
View Our Latest Analysis on BDT
Bird Construction Stock Performance
Bird Construction stock traded up C$1.08 during trading on Friday, reaching C$21.51. The company had a trading volume of 376,303 shares, compared to its average volume of 226,880. Bird Construction has a 52 week low of C$17.89 and a 52 week high of C$32.67. The firm's 50-day simple moving average is C$23.05 and its 200 day simple moving average is C$25.63. The firm has a market capitalization of C$1.20 billion, a price-to-earnings ratio of 13.03, a price-to-earnings-growth ratio of 0.53 and a beta of 1.05. The company has a current ratio of 1.25, a quick ratio of 1.20 and a debt-to-equity ratio of 74.70.
About Bird Construction
(
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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.
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