Analysts Set Bird Construction Inc. (TSE:BDT) PT at C$33.25

Shares of Bird Construction Inc. (TSE:BDT) have received an average rating of “Moderate Buy” from the nine brokerages that are currently covering the stock, Marketbeat reports. Three research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1 year target price among brokerages that have covered the stock in the last year is C$33.25.

A number of research firms recently issued reports on BDT. CIBC raised their price objective on shares of Bird Construction from C$34.00 to C$36.00 in a report on Monday, February 3rd. Stifel Nicolaus increased their price target on shares of Bird Construction from C$37.00 to C$38.00 in a research report on Thursday, November 7th.

Bird Construction Stock Down 2.2 %

Bird Construction stock opened at C$23.96 on Monday. Bird Construction has a one year low of C$15.36 and a one year high of C$32.67. The stock has a fifty day moving average of C$25.32 and a 200 day moving average of C$26.02. The company has a debt-to-equity ratio of 70.40, a quick ratio of 1.20 and a current ratio of 1.25. The stock has a market cap of C$1.33 billion, a PE ratio of 15.36, a price-to-earnings-growth ratio of 0.53 and a beta of 1.05.

Bird Construction Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, March 20th will be given a $0.07 dividend. This represents a $0.84 annualized dividend and a yield of 3.51%. The ex-dividend date is Friday, February 28th. Bird Construction’s dividend payout ratio is presently 53.85%.

Bird Construction Company Profile

Bird Construction Inc provides construction services in Canada. The company primarily focuses on projects in the industrial, and institutional, and infrastructure markets. It constructs large, complex industrial buildings, including manufacturing, processing, distribution, and warehouse facilities; and provides electrical and instrumentation, high voltage testing and commissioning services, as well as power line construction, structural, mechanical, and piping, including off-site metal and modular fabrication.