Bird Construction Inc. (TSE:BDT) Given Consensus Recommendation of “Buy” by Brokerages

by · The Markets Daily

Bird Construction Inc. (TSE:BDT – Get Free Report) has received an average rating of “Buy” from the five brokerages that are currently covering the stock, Marketbeat reports. Four research analysts have rated the stock with a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price objective among brokers that have covered the stock in the last year is C$32.38.

BDT has been the topic of a number of analyst reports. National Bankshares dropped their target price on Bird Construction from C$28.00 to C$26.00 and set an “outperform” rating on the stock in a research report on Friday, August 15th. Raymond James Financial downgraded Bird Construction from a “strong-buy” rating to a “moderate buy” rating in a research report on Thursday, July 17th. CIBC cut their price objective on Bird Construction from C$35.00 to C$33.00 in a research report on Monday, August 18th. BMO Capital Markets upped their target price on Bird Construction from C$28.00 to C$30.00 in a research note on Thursday, May 22nd. Finally, TD Securities decreased their target price on Bird Construction from C$34.00 to C$31.00 and set a “buy” rating on the stock in a research report on Monday, August 18th.

View Our Latest Report on Bird Construction

Bird Construction Stock Up 2.5%

BDT opened at C$23.18 on Friday. Bird Construction has a fifty-two week low of C$17.52 and a fifty-two week high of C$32.67. 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 company has a fifty day moving average of C$27.52 and a two-hundred day moving average of C$24.76. The stock has a market capitalization of C$1.28 billion, a price-to-earnings ratio of 12.88, a PEG ratio of 0.53 and a beta of 0.89.

Bird Construction Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Wednesday, August 20th. Shareholders of record on Wednesday, August 20th were issued a dividend of $0.07 per share. This represents a c) annualized dividend and a yield of 3.6%. The ex-dividend date of this dividend was Thursday, July 31st. Bird Construction’s dividend payout ratio (DPR) is presently 41.49%.

Bird Construction Company Profile

(Get Free Report)

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.

Featured Stories