Raymond James Reaffirms Their Buy Rating on Bird Construction (BDT)

Today, an analyst has provided a rating update for Bird Construction (BDTResearch Report). The company received a Buy rating from Raymond James’ analyst Frederic Bastien, with a C$10.50 price target.

According to TipRanks.com, Bastien is ranked #3463 out of 5259 analysts.

Bird Construction has an analyst consensus of Moderate Buy, with a price target consensus of C$10, which is a 33.5% upside from current levels. In a report released yesterday, Canaccord Genuity also reiterated a Buy rating on the stock with a C$9.50 price target.

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The company has a one-year high of C$8.90 and a one-year low of C$5.11. Currently, Bird Construction has an average volume of 55.19K.

Bird Construction, Inc. operates as an investment holding company with interest in construction services. The company through its subsidiaries carries on business as a general contractor with offices in St. John’s, Wabush, Halifax, Saint John, Montreal, Toronto, Winnipeg, Calgary, Edmonton and Vancouver.

The company’s shares closed on Friday at C$7.49.

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