Aecon Group (OTCMKTS:AEGXF – Get Free Report) is anticipated to release its results before the market opens on Thursday, March 5th. Analysts expect Aecon Group to post earnings of $0.2419 per share and revenue of $998.1290 million for the quarter.
Aecon Group Stock Performance
Aecon Group stock opened at $27.69 on Thursday. The stock’s fifty day moving average is $24.87 and its two-hundred day moving average is $20.42. Aecon Group has a 1-year low of $11.01 and a 1-year high of $28.00.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently weighed in on the company. TD Securities reissued a “buy” rating on shares of Aecon Group in a research report on Friday, October 31st. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Aecon Group in a research note on Monday, November 3rd. Desjardins downgraded shares of Aecon Group from a “buy” rating to a “hold” rating in a research report on Friday, October 31st. Finally, National Bank Financial restated an “outperform” rating on shares of Aecon Group in a report on Friday, October 31st. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, Aecon Group currently has a consensus rating of “Moderate Buy” and a consensus price target of $23.00.
Aecon Group Company Profile
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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