Aecon Group Inc. (OTCMKTS:AEGXF) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Aecon Group Inc. (OTCMKTS:AEGXFGet Rating) have earned an average rating of “Moderate Buy” from the eleven ratings firms that are currently covering the company, Marketbeat.com reports. Two analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year price target among analysts that have covered the stock in the last year is $19.54.

Several research analysts have weighed in on AEGXF shares. Royal Bank of Canada dropped their target price on Aecon Group from C$20.00 to C$18.00 in a research report on Wednesday, March 2nd. Stifel Nicolaus lowered Aecon Group from a “buy” rating to a “hold” rating in a research report on Wednesday, April 6th. National Bank Financial lowered Aecon Group from an “outperform” rating to a “sector perform” rating in a research report on Wednesday, March 2nd. Canaccord Genuity Group lowered their price objective on Aecon Group from C$25.00 to C$20.00 and set a “buy” rating on the stock in a report on Thursday, March 3rd. Finally, Raymond James lowered their price objective on Aecon Group from C$24.00 to C$23.00 in a report on Thursday, March 3rd.

Shares of AEGXF stock opened at $10.44 on Thursday. Aecon Group has a fifty-two week low of $10.24 and a fifty-two week high of $17.47. The stock’s 50-day moving average is $11.43 and its two-hundred day moving average is $12.56.

Aecon Group Company Profile (Get Rating)

Aecon Group Inc, together with its subsidiaries, provide construction and infrastructure development services to private and public sector clients in Canada, the United States, and internationally. It operates through two segments, Construction and Concessions. The Construction segment focuses primarily on the civil infrastructure, urban transportation systems, nuclear power infrastructure, utility infrastructure, and conventional industrial infrastructure market sectors.

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Analyst Recommendations for Aecon Group (OTCMKTS:AEGXF)

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