Stock analysts at Stifel Nicolaus initiated coverage on shares of Bird Construction (OTCMKTS:BIRDF) in a research note issued to investors on Thursday, The Fly reports. The firm set a “buy” rating on the stock.
BIRDF has been the subject of a number of other reports. TD Securities boosted their price objective on shares of Bird Construction from C$11.50 to C$12.00 and gave the stock a “buy” rating in a report on Friday, September 10th. National Bank Financial upgraded shares of Bird Construction from a “sector perform” rating to an “outperform” rating in a report on Friday, August 27th. Finally, Raymond James upped their price target on shares of Bird Construction from C$12.00 to C$13.50 and gave the company an “outperform” rating in a report on Thursday, August 12th. Eight equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $11.90.
Bird Construction stock traded up $0.02 during mid-day trading on Thursday, hitting $8.00. 1,100 shares of the company traded hands, compared to its average volume of 1,471. Bird Construction has a one year low of $4.75 and a one year high of $8.23. The stock has a fifty day moving average price of $7.70 and a 200-day moving average price of $7.46.
Bird Construction, Inc is an investment holding company with interest in construction services. The firm 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. It focuses primarily on projects in the industrial, mining, commercial and institutional sectors of the general contracting industry.
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