Aecon Group (AEGXF) Projected to Post Quarterly Earnings on Tuesday

Aecon Group (OTCMKTS:AEGXFGet Free Report) is projected to issue its resultson Tuesday, April 28th. Analysts expect the company to announce earnings of ($0.1202) per share and revenue of $817.2890 million for the quarter.

Aecon Group Stock Performance

AEGXF opened at $33.73 on Tuesday. The company’s 50 day moving average is $29.86 and its 200-day moving average is $24.47. Aecon Group has a 1-year low of $11.01 and a 1-year high of $34.27.

Analysts Set New Price Targets

Separately, Royal Bank Of Canada restated a “sector perform” rating on shares of Aecon Group in a research note on Thursday, April 9th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $23.00.

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About Aecon Group

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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.

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