National Bank Financial Raises North American Energy Partners (TSE:NOA) Price Target to C$11.50

North American Energy Partners (TSE:NOA) (NYSE:NOA) had its price objective boosted by equities research analysts at National Bank Financial from C$9.50 to C$11.50 in a research note issued to investors on Thursday, January 11th. The firm currently has an “outperform” rating on the stock. National Bank Financial’s price target indicates a potential upside of 102.11% from the company’s current price. National Bank Financial also issued estimates for North American Energy Partners’ FY2019 earnings at $0.64 EPS.

North American Energy Partners (TSE:NOA) traded up C$0.03 on Thursday, reaching C$5.69. The company’s stock had a trading volume of 19,500 shares, compared to its average volume of 19,565. North American Energy Partners has a 52 week low of C$4.52 and a 52 week high of C$7.48. The stock has a market capitalization of $144.82, a price-to-earnings ratio of 142.25 and a beta of 0.25.

In related news, insider North American Energy Partners purchased 177,000 shares of the firm’s stock in a transaction on Thursday, January 18th. The stock was bought at an average cost of C$6.29 per share, with a total value of C$1,113,330.00. Also, Director Bryan Daniel Pinney purchased 10,000 shares of the firm’s stock in a transaction on Friday, December 1st. The stock was bought at an average cost of C$4.25 per share, with a total value of C$42,500.00.

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North American Energy Partners Company Profile

North American Energy Partners Inc provides a range of mining and heavy construction services to customers in the resource development and industrial construction sectors within Western Canada. The Company’s operating divisions include Heavy Construction and Mining; Industrial, and Tailings & Environmental Construction.

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