North American Construction Group (TSE:NOA) Given New C$36.00 Price Target at ATB Capital

North American Construction Group (TSE:NOA - Get Free Report) NYSE: NOA had its target price decreased by analysts at ATB Capital from C$37.00 to C$36.00 in a report released on Monday,BayStreet.CA reports. The firm presently has an "outperform" rating on the stock. ATB Capital's target price points to a potential upside of 68.78% from the stock's current price.

A number of other equities research analysts have also weighed in on the stock. CIBC lowered their target price on shares of North American Construction Group from C$38.00 to C$37.00 in a report on Thursday, April 10th. Raymond James cut North American Construction Group from a "strong-buy" rating to an "outperform" rating and set a C$40.00 target price for the company. in a research note on Tuesday, April 22nd. Ventum Financial cut their target price on shares of North American Construction Group from C$45.00 to C$42.00 and set a "buy" rating for the company in a research report on Friday, March 21st. National Bankshares lowered their price objective on North American Construction Group from C$44.00 to C$41.00 and set an "outperform" rating on the stock in a research report on Friday, March 21st. Finally, BMO Capital Markets lowered their target price on shares of North American Construction Group from C$34.00 to C$30.00 in a report on Thursday, April 17th. Seven equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Buy" and a consensus price target of C$35.75.

North American Construction Group Stock Performance

NOA traded down C$0.42 on Monday, hitting C$21.33. 19,012 shares of the stock traded hands, compared to its average volume of 87,840. The business has a fifty day moving average price of C$22.35 and a two-hundred day moving average price of C$26.12. North American Construction Group has a 52 week low of C$18.83 and a 52 week high of C$31.67. The company has a current ratio of 1.13, a quick ratio of 0.79 and a debt-to-equity ratio of 212.25. The firm has a market capitalization of C$570.94 million, a PE ratio of 10.03, a P/E/G ratio of 0.79 and a beta of 1.59.

Insider Buying and Selling at North American Construction Group

In other North American Construction Group news, Director Martin Robert Ferron acquired 4,000 shares of the stock in a transaction on Monday, March 24th. The stock was purchased at an average price of C$23.31 per share, for a total transaction of C$93,236.00. In the last ninety days, insiders have bought 18,000 shares of company stock worth $408,772. Corporate insiders own 8.93% of the company's stock.

North American Construction Group Company Profile

North American Construction Group Ltd. provides mining and heavy civil construction services to customers in the resource development and industrial construction sectors in Australia, Canada, and the United States. The company operates Heavy Equipment - Canada, Heavy Equipment - Australia, and Other segments.

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