Bird Construction (TSE:BDT) Price Target Raised to C$30.00 at BMO Capital Markets

Bird Construction (TSE:BDT) had its target price boosted by BMO Capital Markets from C$28.00 to C$30.00 in a research report report published on Thursday morning,BayStreet.CA reports.

Several other research firms also recently weighed in on BDT. CIBC cut their target price on Bird Construction from C$36.00 to C$31.00 in a research report on Friday, March 14th. Raymond James raised Bird Construction from an “outperform” rating to a “strong-buy” rating and set a C$35.00 target price on the stock in a research report on Tuesday, April 22nd. National Bankshares cut their target price on Bird Construction from C$32.00 to C$30.00 and set a “sector perform” rating on the stock in a research report on Friday, March 14th. Canaccord Genuity Group cut their target price on Bird Construction from C$36.00 to C$35.00 and set a “buy” rating on the stock in a research report on Friday, March 14th. Finally, TD Securities cut their target price on Bird Construction from C$36.00 to C$33.00 and set a “buy” rating on the stock in a research report on Tuesday, March 18th. Two analysts have rated the stock with a hold rating, five have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of C$32.44.

Bird Construction Stock Performance

TSE BDT opened at C$26.56 on Thursday. The company has a market cap of C$1.48 billion, a P/E ratio of 16.08, a P/E/G ratio of 0.53 and a beta of 1.05. The company has a debt-to-equity ratio of 74.70, a quick ratio of 1.20 and a current ratio of 1.25. The business’s 50 day moving average price is C$22.14 and its 200-day moving average price is C$24.35. Bird Construction has a fifty-two week low of C$17.52 and a fifty-two week high of C$32.67.

Bird Construction Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, May 20th. Shareholders of record on Tuesday, May 20th were given a $0.07 dividend. This represents a $0.84 annualized dividend and a yield of 3.16%. The ex-dividend date of this dividend was Wednesday, April 30th. Bird Construction’s dividend payout ratio (DPR) is presently 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.