Desjardins Lowers Aecon Group (TSE:ARE) Price Target to C$22.00

Aecon Group (TSE:ARE) had its price objective dropped by equities research analysts at Desjardins from C$24.00 to C$22.00 in a research report issued on Tuesday,BayStreet.CA reports. The firm currently has a “buy” rating on the stock. Desjardins’ price target would suggest a potential upside of 10.89% from the stock’s current price. Desjardins also issued estimates for Aecon Group’s Q4 2025 earnings at $0.22 EPS and FY2026 earnings at $1.82 EPS.

Other equities research analysts also recently issued research reports about the stock. Stifel Canada raised shares of Aecon Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 17th. Raymond James Financial decreased their price target on shares of Aecon Group from C$23.00 to C$21.00 in a report on Monday, April 28th. CIBC lowered their price objective on shares of Aecon Group from C$31.00 to C$24.00 in a research report on Friday, April 25th. Stifel Nicolaus reduced their target price on Aecon Group from C$16.00 to C$14.00 in a report on Friday, April 25th. Finally, TD Securities boosted their target price on Aecon Group from C$22.00 to C$23.00 and gave the company a “buy” rating in a research note on Tuesday. Eight equities research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, Aecon Group presently has a consensus rating of “Buy” and an average price target of C$22.70.

Aecon Group Stock Performance

Shares of ARE stock opened at C$19.84 on Tuesday. The stock has a market cap of C$1.26 billion, a PE ratio of -19.52, a price-to-earnings-growth ratio of 18.18 and a beta of 1.13. The stock has a 50-day moving average of C$19.72 and a 200-day moving average of C$19.76. The company has a debt-to-equity ratio of 32.84, a current ratio of 1.19 and a quick ratio of 1.27. Aecon Group has a one year low of C$15.21 and a one year high of C$29.70.

Insider Transactions at Aecon Group

In other news, Director Leslie Compton Kass acquired 6,325 shares of the firm’s stock in a transaction that occurred on Tuesday, June 10th. The stock was acquired at an average cost of C$19.44 per share, for a total transaction of C$122,953.83. Also, Director Deborah Susan Stein bought 5,000 shares of the business’s stock in a transaction on Wednesday, June 4th. The stock was purchased at an average price of C$18.90 per share, for a total transaction of C$94,500.00. Insiders bought 21,825 shares of company stock valued at $419,159 over the last three months. Company insiders own 0.82% of the company’s stock.

Aecon Group Company Profile

Aecon Group Inc is a Canada-based company that operates in two segments: Construction and Concessions. The Construction segment includes various aspects of the construction of public and private infrastructure projects, mainly in the transportation sector. Its concessions segment is engaged in the development, financing, construction, and operation of infrastructure projects.