Raymond James Raises North American Construction Group (TSE:NOA) Price Target to C$26.00

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North American Construction Group (TSE:NOA) (NYSE:NOA) had its price objective upped by Raymond James from C$22.00 to C$26.00 in a research report released on Friday, BayStreet.CA reports. Raymond James currently has a strong-buy rating on the stock.

Separately, National Bank Financial lifted their price objective on shares of North American Construction Group from C$23.00 to C$23.50 and gave the stock an outperform rating in a research note on Thursday, August 1st.

North American Construction Group stock opened at C$16.57 on Friday. The business’s 50 day moving average price is C$14.03. North American Construction Group has a fifty-two week low of C$8.92 and a fifty-two week high of C$18.36.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 4th. Investors of record on Saturday, August 31st will be paid a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a yield of 0.48%. The ex-dividend date of this dividend is Thursday, August 29th.

North American Construction Group Company Profile

North American Energy Partners Inc, through its subsidiaries, provides a range of mining and heavy construction services to customers in the resource development and industrial construction sectors, primarily in Western Canada. The company offers construction and operations support services through various stages of an oil sands project's lifecycle.

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