TSX:BDT - Post Discussion
Post by
retiredcf on Nov 13, 2021 6:23am
Panic Proof Portfolio
TOP PICK
BDT-T
Bird Construction Income Fund(BDT-T)
10/11/2021
Stockchase Research Editor: MIchael O'Reilly BDT is a contractor in the Canadian construction market and is reiterated as a TOP PICK. Analysts at Raymond James increased their share price target to $13.50 this week. Infrastructure projects will continue to ramp up as fears of the pandemic ease. Recent earnings of $0.28 per share topped expectations of $0.13. It is trading at 11x earnings compared to peers at 14x. It pays a good dividend that is backed by a payout ratio under 40% of cash flow. We recommend trailing up the stop loss to $9.50 (from $8.25 as previously recommended), looking to achieve $13.50 -- upside potential over 25%. Yield 3.70% (Analysts’ price target is $11.96)
REAL ESTATE
The Panic-Proof Portfolio (Stockchase Research)
$10.640
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