Bird Construction (TSE:BDT) Given New C$30.00 Price Target at National Bankshares

Bird Construction (TSE:BDT) had its target price cut by National Bankshares from C$32.00 to C$30.00 in a report released on Friday morning,BayStreet.CA reports. They currently have a sector perform rating on the stock.

Separately, CIBC upped their price target on shares of Bird Construction from C$34.00 to C$36.00 in a report on Monday, February 3rd. Three equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of C$33.00.

Bird Construction Stock Up 5.3 %

Bird Construction stock opened at C$21.51 on Friday. The stock has a market capitalization of C$1.20 billion, a PE ratio of 13.03, a price-to-earnings-growth ratio of 0.53 and a beta of 1.05. Bird Construction has a twelve month low of C$17.89 and a twelve month high of C$32.67. 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 50 day moving average of C$23.16 and a 200-day moving average of C$25.65.

Bird Construction Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, March 20th will be issued a dividend of $0.07 per share. This represents a $0.84 annualized dividend and a yield of 3.91%. The ex-dividend date of this dividend is Friday, February 28th. 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.