North American Construction Group (NOA) Stock Forecast & Price Target

C$27.80

-0.13 (-0.47%)

(As of 12/1/2023 ET)

Compare

Today's Range: C$27.59
▼
C$28.16
50-Day Range: C$26.01
▼
C$30.82
52-Week Range: C$17.05
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C$34.30

Volume: 60,101 shs
Average Volume: 60,838 shs
Market Capitalization: C$743.37 million

P/E Ratio: 11.93
Dividend Yield: 1.44%
Price Target: C$34.94

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

North American Construction Group Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Moderate Buy
Based on 6 Analyst Ratings

Analysts' Consensus Price Target

C$34.94
25.70% Upside

High Forecast	C$48.00
Average Forecast	C$34.94
Low Forecast	C$26.00

Type	Current Forecast 12/2/22 to 12/2/23	1 Month Ago 11/2/22 to 11/2/23	3 Months Ago 9/3/22 to 9/3/23	1 Year Ago 12/2/21 to 12/2/22
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	4 Buy rating(s)	4 Buy rating(s)	5 Buy rating(s)	4 Buy rating(s)
Hold	2 Hold rating(s)	2 Hold rating(s)	1 Hold rating(s)	2 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	C$34.94	C$34.94	C$35.61	C$23.44
Predicted Upside	25.70% Upside	23.62% Upside	22.87% Upside	41.83% Upside

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NOA Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

NOA Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

North American Construction Group Stock vs. The Competition

Type	North American Construction Group	Energy Companies
Consensus Rating Score	2.67	2.61
Consensus Rating	Moderate Buy	Moderate Buy
News Sentiment Rating	Neutral News	Neutral News

Recent Analyst Ratings and Stock Forecasts

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

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Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
11/2/2023	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Hold	C$36.00 ➝ C$33.00	+20.66%
11/2/2023	ATB Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		C$45.00 ➝ C$40.00	+46.25%
7/28/2023	Pi Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy	C$32.00 ➝ C$48.00	+46.92%
7/28/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform	C$30.00 ➝ C$40.00	+21.54%
7/27/2023	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		C$34.00	+3.34%
4/28/2023	National Bank Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		C$33.00	+26.53%
Get the Latest News and Ratings for NOA and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for North American Construction Group and its competitors with MarketBeat's FREE daily newsletter.
4/28/2023	CIBC Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		C$23.50 ➝ C$27.50	+5.44%
4/28/2023	National Bankshares Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform	C$27.00 ➝ C$33.00	+26.53%
2/17/2023	Canaccord Genuity Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		C$22.00 ➝ C$26.00	+18.13%

(Data available from 12/2/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)

NOA Price Target - Frequently Asked Questions

What is North American Construction Group's consensus rating and price target?: According to the issued ratings of 6 analysts in the last year, the consensus rating for North American Construction Group stock is Moderate Buy based on the current 2 hold ratings and 4 buy ratings for NOA. The average twelve-month price prediction for North American Construction Group is C$34.94 with a high price target of C$48.00 and a low price target of C$26.00. Learn more on NOA's analyst rating history.
Do Wall Street analysts like North American Construction Group more than its competitors?: Analysts like North American Construction Group more than other Energy companies. The consensus rating score for North American Construction Group is 2.67 while the average consensus rating score for energy companies is 2.61. Learn more on how NOA compares to other companies.
Is North American Construction Group being downgraded by Wall Street analysts?: Over the previous 90 days, North American Construction Group's stock had 1 downgrade by analysts.

Does North American Construction Group's stock price have much upside?: According to analysts, North American Construction Group's stock has a predicted upside of 23.62% based on their 12-month stock forecasts.
What analysts cover North American Construction Group?: North American Construction Group has been rated by ATB Capital, and TD Securities in the past 90 days.

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This page (TSE:NOA) was last updated on 12/2/2023 by MarketBeat.com Staff

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