<div id="readability-page-1">11:27 AM EST, 12/19/2025 (MT Newswires) -- BMO Capital Markets on Friday maintained North American Construction Group's ( NOA ) outperform rating and C$25 price target.The company recently announced the acquisition of Iron Mine Contracting (IMC), a Western Australia-based mining services contractor, for $115 million.BMO said NOA's expanded presence into Australia is positive for the company but believes that its 2026 guidance implies slightly lower oil sands work next year.&#34;That said, the company holds strong tailwinds across Australia, while potential expansion opportunities into infrastructure, minerals and defense in North America appear to be picking up,&#34; BMO said.NOA traded at $18.32 per share at last look on the Toronto Stock Exchange.Price: 18.59, Change: -0.44, Percent Change: -2.31 MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.</div>

北美建筑

BMO 资本市场对北美建筑集团（NOA）维持 “跑赢大盘” 评级，并将其目标价定为 25 加元，此次是在其以 1.15 亿美金收购 Iron Mine Contracting 之后。BMO 对 NOA 扩展至澳大利亚持积极态度，但指出 2026 年油砂工作的略微减少。预计该公司将在北美的基础设施、矿产和国防领域受益。NOA 的股票在多伦多证券交易所最新报 18.32 美元，下跌 2.31%

BMO 维持对北美建筑集团的跑赢大盘评级，目标价定为 25 加元