Aecon Group (OTCMKTS:AEGXF) Trading Up 0.3% – What’s Next?

Aecon Group Inc. (OTCMKTS:AEGXFGet Free Report) traded up 0.3% during trading on Tuesday . The company traded as high as $24.48 and last traded at $24.35. 19,780 shares were traded during trading, an increase of 27% from the average session volume of 15,558 shares. The stock had previously closed at $24.27.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on AEGXF shares. Desjardins downgraded shares of Aecon Group from a “buy” rating to a “hold” rating in a research note on Friday, October 31st. Raymond James Financial reaffirmed an “outperform” rating on shares of Aecon Group in a report on Tuesday, October 21st. National Bankshares reissued an “outperform” rating on shares of Aecon Group in a report on Friday, October 31st. Royal Bank Of Canada restated a “sector perform” rating on shares of Aecon Group in a report on Monday, November 3rd. Finally, TD Securities reiterated a “buy” rating on shares of Aecon Group in a report on Friday, October 31st. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, Aecon Group has a consensus rating of “Moderate Buy” and an average price target of $23.00.

View Our Latest Stock Analysis on AEGXF

Aecon Group Price Performance

The company’s 50 day moving average is $21.62 and its two-hundred day moving average is $18.28.

About Aecon Group

(Get Free Report)

Aecon Group Inc, trading on the OTC market under the symbol AEGXF, is one of Canada’s leading publicly listed infrastructure development and construction companies. Headquartered in Toronto, Ontario, Aecon delivers services across a broad spectrum of sectors, including transportation, energy, mining, and urban development. Since its origins in the late 19th century, Aecon has grown through a series of mergers and strategic acquisitions into a full-service contractor capable of executing projects of varying complexity and scale.

The company’s core business is organized into three main segments: Infrastructure, Urban Development and Concessions, and Industrial.

Featured Articles

Receive News & Ratings for Aecon Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aecon Group and related companies with MarketBeat.com's FREE daily email newsletter.