Bird Construction (TSE:BDT) Price Target Raised to C$83.00 at Canadian Imperial Bank of Commerce

Bird Construction (TSE:BDT) had its price target lifted by Canadian Imperial Bank of Commerce from C$71.00 to C$83.00 in a research report released on Friday morning,BayStreet.CA reports.

Other analysts have also recently issued research reports about the stock. ATB Cormark Capital Markets raised their price objective on shares of Bird Construction from C$48.00 to C$57.00 and gave the stock an “outperform” rating in a report on Friday, May 15th. BMO Capital Markets boosted their price objective on Bird Construction from C$75.00 to C$85.00 in a research note on Thursday. Canaccord Genuity Group raised their target price on shares of Bird Construction from C$62.00 to C$83.00 in a research report on Friday. TD increased their price target on shares of Bird Construction from C$63.00 to C$72.00 and gave the stock a “buy” rating in a research note on Tuesday, May 19th. Finally, National Bank Financial lifted their price objective on shares of Bird Construction from C$57.00 to C$72.00 and gave the company an “outperform” rating in a research note on Monday, July 13th. Nine investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of C$75.60.

Bird Construction Stock Up 1.8%

Bird Construction stock opened at C$73.14 on Friday. The stock has a market cap of C$4.05 billion, a PE ratio of 81.27, a P/E/G ratio of 0.53 and a beta of 0.34. The company has a debt-to-equity ratio of 88.19, a current ratio of 1.24 and a quick ratio of 1.20. The stock’s fifty day moving average is C$66.25 and its two-hundred day moving average is C$50.54. Bird Construction has a 1-year low of C$22.40 and a 1-year high of C$78.64.

Bird Construction (TSE:BDT) last released its quarterly earnings data on Wednesday, August 12th. The company reported C$0.70 earnings per share (EPS) for the quarter. The business had revenue of C$1.04 billion during the quarter. Bird Construction had a return on equity of 11.25% and a net margin of 1.43%. On average, sell-side analysts expect that Bird Construction will post 2.7598533 EPS for the current fiscal year.

Bird Construction Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Thursday, August 20th. Investors of record on Thursday, August 20th will be paid a $0.07 dividend. The ex-dividend date 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%.

Bird Construction News Summary

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.