Analyst Price Target is $39.00
▲ +89.23% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for North American Construction Group in the last 3 months. The average price target is $39.00, with a high forecast of $39.00 and a low forecast of $39.00. The average price target represents a 89.23% upside from the last price of $20.61.
Current Consensus is
Moderate Buy
The current consensus among 3 polled investment analysts is to moderate buy stock in North American Construction Group. This Hold consensus rating has held steady for over two years.
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. It also offers mine management services for thermal coal mines; and construction and operations support services in the Canadian oil sands region. In addition, the company provides fully maintained heavy equipment rentals and full service mine operations support at metallurgical and thermal coal mines; heavy equipment rentals to iron ore, gold and lithium producers; and heavy equipment maintenance, component remanufacturing, and full equipment rebuild services to mining companies and other heavy equipment operators, as well as supplies production-critical components to the mining and construction industry. As of December 31, 2023, it operated a heavy equipment fleet of 900 units. The company was formerly known as North American Energy Partners Inc. and changed its name to North American Construction Group Ltd. in April 2018. North American Construction Group Ltd. was incorporated in 1953 and is headquartered in Acheson, Canada.
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