Bird Construction Inc. (OTCMKTS:BIRDF – Get Rating)’s stock price was down 7.1% on Wednesday . The stock traded as low as $6.24 and last traded at $6.25. Approximately 600 shares were traded during mid-day trading, a decline of 36% from the average daily volume of 944 shares. The stock had previously closed at $6.73.
Several equities analysts recently weighed in on BIRDF shares. Stifel Nicolaus cut their price target on shares of Bird Construction from C$14.25 to C$13.75 in a report on Thursday, March 10th. TD Securities cut their price target on shares of Bird Construction from C$12.50 to C$10.50 in a report on Friday, May 13th. Six research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Bird Construction has a consensus rating of “Buy” and a consensus target price of $12.75.
The business’s 50 day moving average price is $6.70 and its 200 day moving average price is $7.19.
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 warehouse facilities; undertakes structural, mechanical, piping, electrical, and instrumentation works that include off-site metal and modular fabrication; and provides insulation, metal siding and cladding, ductwork, asbestos abatement, and high voltage testing and commissioning services, as well as constructs power lines.
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