The Globe and Mail reports in its Friday, Aug. 11, edition that Raymond James analyst Frederic Bastien believes this is a decent time to buy shares of Bird Construction. The Globe's Darcy Keith writes in the Eye On Equities column that Mr. Bastien has reaffirmed his "strong buy" recommendation for Bird. He boosted his share target by a loonie to $13. Analysts on average target the shares at $11.89. Mr. Bastien says in a note: "We recognize that Canadian construction stocks are not everyone's cup of tea. They are low-margin and inherently risky vehicles that lack the consistency of their engineering peers. That said, they can represent very profitable trades at the right time in the cycle, and we believe now is that time for Bird Construction For 2023, the company handed the Street breakout results, executing a record amount of work, and delivering sequential and year-over-year improvements in margins. Yet, BDT continues to trade a full standard deviation off its 10-year average on both a P/E and EV/EBITDA basis. Investors don't need multiple expansion to do well on this stock; they just need some reversion back toward the mean."