North American Construction Group (TSE:NOA) Given New C$41.00 Price Target at National Bankshares

North American Construction Group (TSE:NOA - Get Free Report) NYSE: NOA had its price target reduced by research analysts at National Bankshares from C$44.00 to C$41.00 in a research note issued to investors on Friday,BayStreet.CA reports. The brokerage presently has an "outperform" rating on the stock. National Bankshares' price objective suggests a potential upside of 76.34% from the stock's current price.

NOA has been the topic of several other reports. Canaccord Genuity Group lifted their target price on North American Construction Group from C$32.00 to C$33.00 in a report on Friday, December 6th. Cibc World Mkts upgraded shares of North American Construction Group from a "hold" rating to a "strong-buy" rating in a report on Thursday, December 5th. CIBC upgraded shares of North American Construction Group from a "neutral" rating to an "outperform" rating and upped their price target for the company from C$30.00 to C$38.00 in a report on Thursday, December 5th. Raymond James raised shares of North American Construction Group from an "outperform" rating to a "strong-buy" rating and set a C$40.00 price objective on the stock in a research report on Thursday, January 30th. Finally, BMO Capital Markets lowered their target price on North American Construction Group from C$35.00 to C$34.00 in a report on Thursday, March 20th. Six analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Buy" and an average price target of C$37.38.

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North American Construction Group Trading Down 0.6 %

Shares of North American Construction Group stock traded down C$0.14 during trading on Friday, reaching C$23.25. 31,967 shares of the company were exchanged, compared to its average volume of 84,372. North American Construction Group has a twelve month low of C$21.88 and a twelve month high of C$31.91. The business has a 50-day moving average price of C$26.41 and a 200-day moving average price of C$27.00. The company has a quick ratio of 0.79, a current ratio of 1.13 and a debt-to-equity ratio of 212.25. The firm has a market capitalization of C$622.33 million, a price-to-earnings ratio of 10.93, a P/E/G ratio of 0.79 and a beta of 1.59.

Insider Buying and Selling at North American Construction Group

In other news, Director Martin Robert Ferron sold 6,209 shares of the stock in a transaction on Wednesday, January 1st. The stock was sold at an average price of C$31.60, for a total transaction of C$196,204.40. Insiders own 8.93% of the company's stock.

About North American Construction Group

North American Construction Group Ltd. provides mining and heavy civil construction services to customers in the resource development and industrial construction sectors in Australia, Canada, and the United States. The company operates Heavy Equipment - Canada, Heavy Equipment - Australia, and Other segments.