Bird Construction (TSE:BDT) Price Target Cut to C$33.00 by Analysts at TD Securities

Bird Construction (TSE:BDT) had its price objective lowered by investment analysts at TD Securities from C$36.00 to C$33.00 in a research report issued on Tuesday,BayStreet.CA reports. The firm currently has a “buy” rating on the stock. TD Securities’ price target would indicate a potential upside of 48.31% from the company’s current price.

Several other brokerages also recently issued reports on BDT. Canaccord Genuity Group cut their price objective on shares of Bird Construction from C$36.00 to C$35.00 and set a “buy” rating for the company in a research report on Friday, March 14th. Cibc World Mkts upgraded shares of Bird Construction from a “hold” rating to a “strong-buy” rating in a research report on Friday, March 14th. Stifel Nicolaus dropped their price target on shares of Bird Construction from C$38.00 to C$37.00 and set a “buy” rating for the company in a research report on Friday, March 14th. CIBC dropped their price target on shares of Bird Construction from C$36.00 to C$31.00 in a research report on Friday, March 14th. Finally, National Bankshares dropped their price target on shares of Bird Construction from C$32.00 to C$30.00 and set a “sector perform” rating for the company in a research report on Friday, March 14th. Two investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Bird Construction currently has a consensus rating of “Moderate Buy” and a consensus price target of C$32.67.

Bird Construction Trading Up 1.0 %

Shares of BDT stock opened at C$22.25 on Tuesday. The firm has a 50 day moving average price of C$22.88 and a two-hundred day moving average price of C$25.61. The company has a quick ratio of 1.20, a current ratio of 1.25 and a debt-to-equity ratio of 74.70. The company has a market capitalization of C$1.24 billion, a PE ratio of 13.47, a price-to-earnings-growth ratio of 0.53 and a beta of 1.05. Bird Construction has a 12-month low of C$17.89 and a 12-month high of C$32.67.

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.