National Bank Believes NA Construction Group Ltd (NOA) Still Has Room to Grow


In a new note to investors today, an analyst has provided a rating update for the NA sector company, NA Construction Group Ltd (TSX: NOA). Analyst Maxim Sytchev from National Bank rated NA Construction Group Ltd (TSX: NOA) a Buy, setting a C$12.50 price target.

According to TipRanks.com, Sytchev is ranked #3057 out of 4879 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for NA Construction Group Ltd with a C$11.67 average price target.

NA Construction Group Ltd’s market cap is currently C$293.3M and has a P/E ratio of 22.9. The company has a Price to Book ratio of 1.95.

North American Construction Group Ltd. provides mining and heavy construction services. It offers their services to customers in the resource development and industrial construction sectors, primarily within Western Canada. The company focuses on supporting the construction and operation of surface mines, in the oil sands.

The company’s shares closed on Friday at C$11.91, close to its 52-week high of C$12.27.

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