Canaccord Genuity Increases North American Construction Group (NOA) Price Target to C$14.00

North American Construction Group (TSE:NOA) (NYSE:NOA) had its price objective raised by Canaccord Genuity from C$11.00 to C$14.00 in a research report released on Tuesday morning.

Other equities analysts also recently issued research reports about the company. Raymond James boosted their target price on North American Construction Group from C$10.00 to C$11.50 in a research report on Thursday, August 2nd. National Bank Financial boosted their target price on North American Construction Group from C$12.00 to C$12.50 and gave the company an outperform rating in a research report on Thursday, August 2nd.

Shares of NOA opened at C$12.81 on Tuesday. North American Construction Group has a 1 year low of C$4.92 and a 1 year high of C$12.86.

The business also recently announced a quarterly dividend, which will be paid on Friday, October 5th. Stockholders of record on Friday, October 5th will be given a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a dividend yield of 0.62%. The ex-dividend date of this dividend is Thursday, August 30th.

North American Construction Group Company Profile

North American Energy Partners Inc, through its subsidiaries, provides a range of mining and heavy construction services to customers in the resource development and industrial construction sectors, primarily in Western Canada. The company offers construction and operations support services through various stages of an oil sands project's lifecycle.

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