Bird Construction (TSE:BDT – Get Free Report) had its price objective hoisted by TD Securities from C$31.00 to C$36.00 in a report issued on Thursday, BayStreet.CA reports. TD Securities’ price target would indicate a potential upside of 12.85% from the stock’s previous close.
Several other equities research analysts have also recently commented on the company. ATB Capital increased their price objective on Bird Construction from C$29.00 to C$33.00 in a research report on Friday, August 9th. Cibc World Mkts raised Bird Construction to a “hold” rating in a research report on Friday, August 9th. BMO Capital Markets increased their price objective on Bird Construction from C$29.00 to C$30.00 in a research report on Tuesday, July 16th. CIBC increased their price objective on Bird Construction from C$25.50 to C$26.00 in a research report on Friday, August 9th. Finally, Stifel Nicolaus increased their price objective on Bird Construction from C$31.00 to C$34.00 in a research report on Friday, October 4th. Three investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of C$31.88.
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Bird Construction Trading Down 2.0 %
Bird Construction (TSE:BDT – Get Free Report) last released its earnings results on Wednesday, August 7th. The company reported C$0.42 EPS for the quarter, topping analysts’ consensus estimates of C$0.38 by C$0.04. Bird Construction had a return on equity of 26.97% and a net margin of 2.68%. The firm had revenue of C$873.54 million for the quarter, compared to analysts’ expectations of C$772.65 million. As a group, equities analysts forecast that Bird Construction will post 2.5901804 EPS for the current fiscal year.
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.
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