Analysts Set North American Construction Group Ltd. (TSE:NOA) PT at C$28.06

by · The Markets Daily

North American Construction Group Ltd. (TSE:NOA – Get Free Report) (NYSE:NOA) has received an average recommendation of “Moderate Buy” from the eight research firms that are covering the company, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is C$28.06.

Several equities research analysts recently weighed in on the company. Canadian Imperial Bank of Commerce dropped their price target on North American Construction Group from C$22.00 to C$20.00 in a research report on Tuesday, December 30th. Roth Mkm raised North American Construction Group to a “strong-buy” rating in a research report on Thursday, February 5th. TD Securities dropped their target price on shares of North American Construction Group from C$21.00 to C$19.00 and set a “hold” rating on the stock in a report on Friday, December 19th. Finally, National Bank Financial set a C$28.00 target price on shares of North American Construction Group and gave the stock an “outperform” rating in a research report on Monday, December 22nd.

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North American Construction Group Stock Performance

North American Construction Group stock opened at C$22.80 on Monday. The stock’s 50 day simple moving average is C$21.64 and its two-hundred day simple moving average is C$20.27. The company has a debt-to-equity ratio of 193.35, a quick ratio of 0.79 and a current ratio of 0.91. The stock has a market cap of C$662.91 million, a price-to-earnings ratio of 17.95, a PEG ratio of 0.79 and a beta of 0.70. North American Construction Group has a fifty-two week low of C$16.78 and a fifty-two week high of C$25.05.

North American Construction Group (TSE:NOA – Get Free Report) (NYSE:NOA) last posted its earnings results on Wednesday, March 11th. The company reported C($0.14) earnings per share for the quarter. North American Construction Group had a return on equity of 9.34% and a net margin of 3.00%.The firm had revenue of C$305.58 million for the quarter. As a group, analysts expect that North American Construction Group will post 4.0597484 earnings per share for the current fiscal year.

North American Construction Group Company Profile

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North American Construction Group Ltd is Canada’s provider of heavy civil construction and mining contractors. The company has provided services to the oil, natural gas and resource companies.

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