Bird Construction (TSE:BDT) Given New C$83.00 Price Target at Canaccord Genuity Group

Bird Construction (TSE:BDT) had its price target lifted by Canaccord Genuity Group from C$62.00 to C$83.00 in a report published on Friday,BayStreet.CA reports.

Several other research firms also recently commented on BDT. TD raised their target price on Bird Construction from C$63.00 to C$72.00 and gave the stock a “buy” rating in a research report on Tuesday, May 19th. Raymond James Financial upped their price objective on shares of Bird Construction from C$54.00 to C$60.00 and gave the stock an “outperform” rating in a research note on Friday, May 15th. ATB Cormark Capital Markets raised their target price on Bird Construction from C$48.00 to C$57.00 and gave the company an “outperform” rating in a research note on Friday, May 15th. Jefferies Financial Group upped their price target on shares of Bird Construction from C$44.00 to C$63.00 in a research report on Monday, April 27th. Finally, Canadian Imperial Bank of Commerce increased their price objective on shares of Bird Construction from C$65.00 to C$71.00 and gave the stock an “outperformer” rating in a report on Wednesday, July 8th. Nine equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of C$75.60.

Bird Construction Stock Performance

TSE:BDT opened at C$73.14 on Friday. The firm’s 50-day moving average is C$66.25 and its 200-day moving average is C$50.54. The company has a debt-to-equity ratio of 88.19, a quick ratio of 1.20 and a current ratio of 1.24. The company has a market cap of C$4.05 billion, a price-to-earnings ratio of 81.27, a PEG ratio of 0.53 and a beta of 0.34. Bird Construction has a 52-week low of C$22.40 and a 52-week high of C$78.64.

Bird Construction (TSE:BDT) last announced its quarterly earnings data on Wednesday, August 12th. The company reported C$0.70 earnings per share for the quarter. Bird Construction had a return on equity of 11.25% and a net margin of 1.43%.The company had revenue of C$1.04 billion for the quarter. Equities research analysts anticipate that Bird Construction will post 2.7598533 earnings per share for the current year.

Bird Construction Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, August 20th. Investors of record on Thursday, August 20th will be paid a dividend of $0.07 per share. The ex-dividend date of this dividend is Friday, July 31st. This represents a c) dividend on an annualized basis and a dividend yield of 1.1%. Bird Construction’s payout ratio is 93.33%.

More Bird Construction News

Here are the key news stories impacting Bird Construction this week:

• Positive Sentiment: National Bank Financial raised its price target to C$92 from C$72 and rated the shares “outperform,” implying approximately 25% potential upside from the referenced level. BayStreet analyst ratings
• Positive Sentiment: ATB Cormark increased its target to C$87 from C$57 and assigned an “outperform” rating, while Stifel raised its target to C$87 from C$85 and maintained a “buy” rating. Ticker Report analyst ratings
• Positive Sentiment: Canaccord Genuity and CIBC also lifted their targets to C$83, from C$62 and C$71, respectively. BMO previously raised its target to C$85 from C$75. The coordinated revisions suggest strengthening confidence across the analyst community. BayStreet analyst ratings
• Positive Sentiment: Bird reported second-quarter revenue of C$1.04 billion and EPS of C$0.70. Revenue increased 23% year over year, while the company highlighted a combined backlog of approximately C$12 billion, providing visibility into future construction activity. Bird Reports 2026 Second Quarter Results
• Neutral Sentiment: Bird Construction receives an average “buy” recommendation from covering brokerages, reinforcing the generally favorable analyst view. Average Buy Recommendation

Bird Construction Company Profile

Bird Construction Inc operates as a general contractor in the Canadian construction market. The company focuses primarily on projects in the industrial, commercial and institutional sectors of the general contracting industry. It provides construction services such as new construction for industrial, commercial, and institutional markets; industrial maintenance, repair and operations (MRO) services, heavy civil construction and contract surface mining; as well as vertical infrastructure including, electrical, mechanical, and specialty trades.