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An update from Bird Construction ( (TSE:BDT) ) is now available.
Bird Construction Inc. has been selected by Infrastructure Ontario as the Preferred Proponent to design and build a major hospital project in Ontario, highlighting the company’s expertise in complex institutional infrastructure. This project aligns with Bird’s strategic focus on healthcare, emphasizing collaboration, innovation, and efficiency, and reinforcing its position as a trusted partner in building critical infrastructure across Canada.
The most recent analyst rating on (TSE:BDT) stock is a Buy with a C$34.00 price target. To see the full list of analyst forecasts on Bird Construction stock, see the TSE:BDT Stock Forecast page.
Spark’s Take on TSE:BDT Stock
According to Spark, TipRanks’ AI Analyst, TSE:BDT is a Outperform.
Bird Construction’s strong financial performance and strategic focus on high-margin sectors are significant strengths. The improved margins and record backlog from the earnings call further enhance its outlook. However, recent revenue declines and project delays due to economic uncertainty pose challenges. The stock’s reasonable valuation and attractive dividend yield provide additional support.
To see Spark’s full report on TSE:BDT stock, click here.
More about Bird Construction
Bird Construction Inc. is a leading Canadian construction and maintenance company listed on the Toronto Stock Exchange under the symbol BDT. The company operates across Canada’s major markets, offering a comprehensive range of construction services, self-perform capabilities, and innovative solutions in the industrial, buildings, and infrastructure sectors. With over 100 years of experience, Bird is committed to safety and providing long-term value for stakeholders.
Average Trading Volume: 257,066
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$1.62B
For detailed information about BDT stock, go to TipRanks’ Stock Analysis page.