Canaccord Genuity analyst Yuri Lynk reiterated a Buy rating on Bird Construction today and set a price target of C$35.00.
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Yuri Lynk has given his Buy rating due to a combination of factors that highlight Bird Construction’s potential for future growth. Despite recent revenue challenges, the company has maintained strong profit margins, which is a positive indicator for its financial health and operational efficiency.
Furthermore, Bird Construction is positioned for a significant free cash flow inflection, suggesting a promising outlook for cash generation in the near future. This potential for improved cash flow, combined with the company’s ability to sustain its margin story, underpins the confidence in its long-term value, justifying the Buy rating and the target price of C$35.00.
In another report released today, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a C$28.00 price target.