Raymond James Financial Issues Positive Forecast for North American Construction Group (TSE:NOA) Stock Price
Raymond James Financial has increased its target price for North American Construction Group (TSE:NOA) to C$26 from C$24, suggesting a 31.71% upside. Despite this positive forecast, analyst sentiment is mixed, with a consensus "Moderate Buy" rating and varied recommendations from other firms. The company faces financial challenges, including high debt and a negative recent EPS, though insider buying activity has been noted.