Bird Construction (TSE:BDT) Given New C$39.00 Price Target at National Bank Financial

Bird Construction (TSE:BDT) had its price target lifted by National Bank Financial from C$34.00 to C$39.00 in a report published on Friday,BayStreet.CA reports. National Bank Financial currently has an outperform rating on the stock.

BDT has been the topic of several other research reports. BMO Capital Markets cut their price target on Bird Construction from C$37.00 to C$34.00 in a report on Thursday, November 13th. Canadian Imperial Bank of Commerce lowered their price objective on Bird Construction from C$37.00 to C$36.00 in a research report on Friday, November 14th. Raymond James Financial set a C$34.00 target price on shares of Bird Construction and gave the stock an “outperform” rating in a research note on Tuesday, January 20th. Finally, ATB Cormark Capital Markets cut shares of Bird Construction from a “strong-buy” rating to a “moderate buy” rating in a report on Friday, February 20th. Six equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Bird Construction currently has an average rating of “Buy” and an average target price of C$39.88.

Bird Construction Stock Performance

TSE:BDT opened at C$34.08 on Friday. Bird Construction has a 52 week low of C$17.52 and a 52 week high of C$34.75. The company has a fifty day simple moving average of C$30.93 and a two-hundred day simple moving average of C$29.04. The company has a quick ratio of 1.20, a current ratio of 1.26 and a debt-to-equity ratio of 75.66. The company has a market cap of C$1.89 billion, a price-to-earnings ratio of 20.05, a price-to-earnings-growth ratio of 0.53 and a beta of 0.68.

Bird Construction (TSE:BDT) last announced its quarterly earnings data on Wednesday, March 11th. The company reported C$0.57 earnings per share (EPS) for the quarter. The business had revenue of C$877.01 million for the quarter. Bird Construction had a return on equity of 10.81% and a net margin of 1.40%. As a group, equities analysts anticipate that Bird Construction will post 2.7598533 earnings per share for the current fiscal year.

Bird Construction News Roundup

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

• Positive Sentiment: Company reported a combined $11 billion backlog and pending backlog, giving multi‑year revenue visibility and reducing near‑term revenue volatility — a key reason investors are bidding the stock up. Bird Reports 2025 Fourth Quarter Results; $11 Billion Combined Backlog and Pending Backlog
• Positive Sentiment: Coverage highlighting the Fraser River deal and record backlog frames these wins as reshaping Bird’s investment case — the deal adds scale to the pipeline and supports higher utilization. Should Bird’s Record Backlog and Fraser River Deal Reshape the Investment Case for Bird (TSX:BDT)?
• Positive Sentiment: Q4 results: EPS C$0.57, revenue C$877M, ROE ~21.4% — the quarter and supporting slide deck reinforced execution and margins, helping justify analyst upgrades. Q4 press release / slide deck
• Positive Sentiment: Multiple broker upgrades and higher price targets: Stifel raised its PT to C$55 (buy), Raymond James to C$44 (outperform) and several others raised targets — these re‑ratings increase upside in sell‑side models and likely boosted buyer interest. Analyst price target updates (BayStreet)
• Neutral Sentiment: Analysis noting a shifting narrative toward tighter targets and higher stakes: management discipline can lift valuation but raises execution risk if delivery slips — monitor guidance and margin trends. Why The Narrative Around Bird Construction (TSX:BDT) Is Shifting With Tighter Targets And Higher Stakes
• Neutral Sentiment: Valuation pieces assessing the stock after Ontario All‑Weather Road acceleration suggest upside is sensitive to project timing and margin assumptions — valuation now reflects higher backlog but hinges on execution. Assessing Bird Construction (TSX:BDT) Valuation After Ontario All‑Weather Road Acceleration News

About Bird Construction

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.