Scotiabank Trims Bird Construction Inc (BDT) Target Price to C$9.00

Bird Construction Inc (TSE:BDT) had its target price trimmed by Scotiabank from C$10.00 to C$9.00 in a research report sent to investors on Thursday. The brokerage currently has a sector perform rating on the stock.

Separately, Raymond James Financial, Inc. restated a market perform rating and issued a C$10.00 price target on shares of Bird Construction in a research note on Wednesday, March 15th. Three investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The company presently has an average rating of Hold and an average target price of C$11.00.

Shares of Bird Construction (TSE:BDT) opened at 9.92 on Thursday. The stock has a market cap of $421.76 million and a price-to-earnings ratio of 13.72. Bird Construction has a 1-year low of $7.26 and a 1-year high of $14.19. The company has a 50-day moving average price of $9.16 and a 200-day moving average price of $9.74.

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Bird Construction Company Profile

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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