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Bird Construction ( (TSE:BDT) ) has shared an update.
Bird Construction Inc. has been awarded projects and agreements worth approximately $1.2 billion, enhancing its industrial capital investment projects and multi-year master service agreements with both new and existing clients. These awards, including a significant new MSA in partnership with Infinity Métis Corporation, underscore Bird’s strategic growth through acquisitions and partnerships, particularly in the industrial maintenance sector. The company continues to strengthen its market position by expanding its self-perform capabilities and fostering Indigenous partnerships, which are expected to support revenue growth and margin expansion in line with its 2027 Strategic Plan.
The most recent analyst rating on (TSE:BDT) stock is a Hold with a C$31.00 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 Neutral.
Bird Construction’s overall stock score reflects strong revenue growth and strategic positioning, supported by a solid backlog and reasonable valuation. However, financial risks from increased leverage and cash flow challenges, alongside mixed earnings call sentiment, temper the score. Technical indicators suggest caution due to potential overbought conditions.
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 that operates nationwide. It provides a comprehensive range of construction services, self-perform capabilities, and innovative solutions to the industrial, buildings, and infrastructure markets. The company is known for its collaborative, safety-first approach and has a long-standing commitment to delivering high-quality service and long-term value for stakeholders.
Average Trading Volume: 200,000
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$1.56B
See more data about BDT stock on TipRanks’ Stock Analysis page.