North American Construction Group (TSE:NOA) Given a C$26.00 Price Target by ATB Capital Analysts

ATB Capital set a C$26.00 price target on North American Construction Group (TSE:NOA) (NYSE:NOA) in a research note published on Thursday,BayStreet.CA reports. The brokerage currently has a sector perform rating on the stock.

NOA has been the subject of a number of other research reports. Canaccord Genuity Group downgraded shares of North American Construction Group from a “strong-buy” rating to a “hold” rating and decreased their price target for the stock from C$33.00 to C$24.50 in a research report on Friday, July 11th. National Bankshares decreased their price target on shares of North American Construction Group from C$40.00 to C$28.00 and set an “outperform” rating for the company in a research report on Friday, August 15th. BMO Capital Markets decreased their price target on shares of North American Construction Group from C$27.00 to C$25.00 in a research report on Friday, October 10th. Cibc World Mkts downgraded shares of North American Construction Group from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 15th. Finally, Atb Cap Markets downgraded shares of North American Construction Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 14th. Five analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of C$30.61.

North American Construction Group Stock Up 2.8%

Shares of TSE:NOA opened at C$21.61 on Thursday. North American Construction Group has a 52-week low of C$16.78 and a 52-week high of C$31.67. The company has a quick ratio of 0.79, a current ratio of 1.13 and a debt-to-equity ratio of 212.25. The company has a market capitalization of C$630.30 million, a price-to-earnings ratio of 18.16, a price-to-earnings-growth ratio of 0.79 and a beta of 0.75. The company has a 50 day moving average of C$19.21 and a two-hundred day moving average of C$21.15.

About North American Construction Group

North American Construction Group Ltd is Canada’s provider of heavy civil construction and mining contractors. The company has provided services to the oil, natural gas and resource companies.