Bird Construction (OTCMKTS:BIRDF) Price target lowered to CA$9.50 at Stifel Nicolaus

Bird Building (OTCMKTS: BIRDF – Get Rating) had its price target lowered by Stifel Nicolaus from C$13.75 to C$9.50 in a research note published on Monday, reports The Fly.

Separately, TD Securities lowered its price target on Bird Construction shares from C$12.50 to C$10.50 in a Friday, May 13 report. Six research analysts have rated the stock with a buy rating. According to MarketBeat, the company has a consensus buy rating and a consensus target price of $11.90.

Shares of Bird Construction opened at $5.75 on Monday. The company’s fifty-day simple moving average is $6.34 and its 200-day simple moving average is $7.00. Bird Construction has a 1 year minimum of $5.50 and a 1 year maximum of $8.51.

Bird Construction Company Profile (Get a rating)

Bird Construction Inc operates as a general contractor in Canada. The company primarily focuses on projects in the industrial, commercial and institutional sectors of the general contracting industry. It constructs industrial buildings, including manufacturing, processing, distribution and warehousing facilities; undertakes structural, mechanical, piping, electrical and instrumentation work which includes off-site fabrication of metal and modules; and provides metal insulation, cladding and coating, conduit, asbestos removal, and high voltage testing and commissioning services, as well as power line construction.

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