North American Construction Group (NOA) Stock Rating Reaffirmed by National Bank Financial

National Bank Financial reiterated their outperform rating on shares of North American Construction Group (TSE:NOA) (NYSE:NOA) in a report issued on Friday morning. The brokerage currently has a C$12.50 target price on the stock.

Separately, Raymond James upped their price target on North American Construction Group from C$10.00 to C$11.50 in a research report on Thursday, August 2nd.

Shares of TSE NOA opened at C$12.20 on Friday. North American Construction Group has a one year low of C$4.92 and a one year high of C$12.27.

The company also recently declared a quarterly dividend, which will be paid on Friday, October 5th. Stockholders of record on Friday, October 5th will be given a dividend of $0.02 per share. The ex-dividend date of this dividend is Thursday, August 30th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.66%.

About North American Construction Group

North American Energy Partners Inc, through its subsidiaries, provides a range of mining and heavy construction services to customers in the resource development and industrial construction sectors, primarily in Western Canada. The company offers construction and operations support services through various stages of an oil sands project's lifecycle.

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