The Globe and Mail reports in its Friday, Sept. 5, edition that Stifel analyst Ian Gillies, in response to Bird Construction's $82.3-million acquisition of Fraser River Pile & Dredge, gave his share target a $2 nudge up to $36. The Globe's David Leeder writes in the Eye On Equities column that Mr. Gillies continues to rate Bird "buy." Analysts on average target the shares at $33.56. Mr. Gillies says in a note: "We like the transaction because it expands the company's strategic position in key Western Canadian infrastructure markets, enhances prospective 2026 EBITDA margins by 30 bps, increases potential 2026 EPS by 6.2 per cent and largely retains robust ROCE metrics. Additionally, it continues to build Bird's track record of being a smart and disciplined acquirer of businesses, which we believe Bird should start getting more credit for in its valuation. We believe the company's valuation remains very attractive." The Globe reported on Aug. 15 that National Bank Financial analyst Maxim Sytchev continued to rank Bird Construction "outperform." The shares could then be had for $24.51.