North American Energy Partners Inc. (NOA) PT Set at C$8.00 by BMO Capital Markets

North American Energy Partners Inc. (NOA) PT Set at C$8.00 by BMO Capital Markets

North American Energy Partners Inc. (TSE:NOA) (NYSE:NOA) received a C$8.00 target price from stock analysts at BMO Capital Markets in a research note issued to investors on Friday. The firm currently has an “outperform” rating on the stock. BMO Capital Markets’ price target suggests a potential upside of 18.69% from the stock’s previous close.

Other equities research analysts also recently issued research reports about the company. Raymond James Financial, Inc. upped their price objective on North American Energy Partners from C$5.00 to C$9.00 and gave the company an “outperform” rating in a report on Friday. National Bank Financial upped their price objective on North American Energy Partners from C$8.50 to C$9.00 and gave the company an “outperform” rating in a report on Thursday. Finally, Canaccord Genuity upped their price objective on North American Energy Partners from C$5.50 to C$6.00 in a report on Thursday, November 3rd.

Shares of North American Energy Partners (TSE:NOA) traded up 1.63% during midday trading on Friday, hitting $6.85. The stock had a trading volume of 209,761 shares. North American Energy Partners has a one year low of $1.95 and a one year high of $6.90. The company’s market capitalization is $196.66 million. The firm’s 50-day moving average is $5.41 and its 200 day moving average is $4.16.

About North American Energy Partners

North American Energy Partners Inc provides a range of mining and heavy construction services. The Company offers its services to customers in the resource development and industrial construction sectors, within Western Canada. The Company provides construction and operations support services through various stages of an oil sands project’s lifecycle.

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