Bird Construction (TSE:BDT) Upgraded to “Strong-Buy” at Raymond James

Bird Construction (TSE:BDT) was upgraded by equities research analysts at Raymond James from an “outperform” rating to a “strong-buy” rating in a report released on Tuesday, MarketBeat.com reports. The brokerage currently has a C$35.00 target price on the stock. Raymond James’ price objective indicates a potential upside of 69.57% from the company’s current price. Raymond James also issued estimates for Bird Construction’s Q1 2025 earnings at $0.21 EPS, Q3 2025 earnings at $0.98 EPS, Q4 2025 earnings at $0.95 EPS, FY2025 earnings at $2.70 EPS, Q1 2026 earnings at $0.42 EPS, Q2 2026 earnings at $0.76 EPS and Q4 2026 earnings at $1.08 EPS.

BDT has been the subject of a number of other research reports. Stifel Nicolaus lowered their price target on Bird Construction from C$37.00 to C$34.50 and set a “buy” rating for the company in a research report on Thursday, April 17th. CIBC decreased their target price on Bird Construction from C$36.00 to C$31.00 in a report on Friday, March 14th. TD Securities cut their price target on shares of Bird Construction from C$36.00 to C$33.00 and set a “buy” rating on the stock in a report on Tuesday, March 18th. Cibc World Mkts upgraded shares of Bird Construction from a “hold” rating to a “strong-buy” rating in a research note on Friday, March 14th. Finally, Canaccord Genuity Group dropped their price objective on shares of Bird Construction from C$36.00 to C$35.00 and set a “buy” rating for the company in a research report on Friday, March 14th. Two research analysts have rated the stock with a hold rating, six have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of C$31.61.

Bird Construction Stock Down 1.4 %

Shares of TSE BDT opened at C$20.64 on Tuesday. The stock has a market capitalization of C$1.15 billion, a PE ratio of 12.50, a P/E/G ratio of 0.53 and a beta of 1.05. 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 firm has a fifty day moving average of C$21.15 and a 200-day moving average of C$25.19. Bird Construction has a 52-week low of C$17.52 and a 52-week high of C$32.67.

About Bird Construction

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.