Raymond James Thinks Bird Construction’s Stock is Going to Recover

Yesterday, an analyst has provided a rating update for Bird Construction (BDT). Raymond James’ analyst Frederic Bastien upgraded BDT to Buy , with a C$10.50 price target.

According to TipRanks.com, Bastien is ranked #3467 out of 5142 analysts.

Currently, the analyst consensus on Bird Construction is a Strong Buy with an average price target of C$9.50.

The company has a one-year high of C$10.40 and a one-year low of C$6.30. Currently, Bird Construction has an average volume of 68.68K.

Bird Construction, Inc. operates as an investment holding company with interest in construction services. The company 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.

The company’s shares closed on Tuesday at C$6.36, close to its 52-week low of C$6.30.