Bird Construction Inc (BDT) PT Lowered to C$9.50 at TD Securities

Bird Construction Inc (TSE:BDT) had its price objective cut by TD Securities from C$10.00 to C$9.50 in a research report sent to investors on Thursday morning. They currently have a hold rating on the stock.

Several other analysts also recently issued reports on BDT. Raymond James Financial, Inc. set a C$10.00 price target on Bird Construction and gave the company a market perform rating in a report on Friday, December 30th. Scotiabank lowered their price target on Bird Construction from C$10.00 to C$9.00 and set a sector perform rating for the company in a report on Thursday, March 16th. Three investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus target price of C$11.00.

Shares of Bird Construction (TSE:BDT) opened at 9.92 on Thursday. Bird Construction has a 12-month low of $7.26 and a 12-month high of $14.19. The stock has a 50 day moving average price of $9.16 and a 200 day moving average price of $9.74. The stock has a market capitalization of $421.76 million and a P/E ratio of 13.72.

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About Bird Construction

Bird Construction Inc operates as a general contractor in the Canadian construction market. The Company focuses on projects in the industrial, commercial and institutional sectors of the general contracting industry. It operates through the general contracting sector of the construction industry segment.

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