Aecon Group (TSE:ARE) Price Target Cut to C$28.75 by Analysts at Stifel Nicolaus

Aecon Group (TSE:ARE) had its price objective trimmed by Stifel Nicolaus from C$34.25 to C$28.75 in a report published on Monday morning,BayStreet.CA reports. The firm currently has a hold rating on the stock.

Several other research firms also recently issued reports on ARE. ATB Cormark Capital Markets lifted their price target on Aecon Group from C$35.00 to C$39.00 and gave the stock a “sector perform” rating in a research note on Monday. TD Securities increased their price objective on shares of Aecon Group from C$39.00 to C$47.00 in a research note on Monday. Three research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, Aecon Group currently has a consensus rating of “Hold” and a consensus target price of C$37.48.

Aecon Group Stock Performance

TSE ARE opened at C$40.78 on Monday. The business has a 50 day moving average price of C$35.30 and a 200 day moving average price of C$29.39. The company has a market capitalization of C$2.58 billion, a P/E ratio of 291.29, a PEG ratio of 18.18 and a beta of 1.10. Aecon Group has a 1-year low of C$15.21 and a 1-year high of C$41.90. The company has a debt-to-equity ratio of 65.17, a current ratio of 1.10 and a quick ratio of 1.27.

Aecon Group (TSE:ARE) last posted its earnings results on Thursday, March 5th. The company reported C$0.52 EPS for the quarter. The company had revenue of C$1.54 billion for the quarter. Aecon Group had a return on equity of 1.66% and a net margin of 0.28%. Sell-side analysts expect that Aecon Group will post 1.3793321 EPS for the current fiscal year.

Aecon Group News Roundup

Here are the key news stories impacting Aecon Group this week:

• Positive Sentiment: Canaccord Genuity raised its price target to C$52 and reiterated a “buy” rating (≈27% upside vs. recent levels), signaling stronger conviction in Aecon’s growth trajectory. Canaccord raise — BayStreet.CA Tickerreport.com
• Positive Sentiment: National Bank Financial lifted its target to C$45 and set an “outperform” rating (≈10% upside), adding institutional support to the rally. National Bank raise — BayStreet.CA
• Positive Sentiment: TD Securities raised its target to C$47 (≈16% upside), another endorsement from a major desk that likely contributed to buying interest. TD Securities raise — BayStreet.CA
• Positive Sentiment: Operational catalyst — Aecon’s disclosed backlog has surged to about $10 billion, supporting revenue visibility and underpinning analyst optimism. Aecon backlog — BNNBloomberg
• Negative Sentiment: Stifel Nicolaus cut its target to C$28.75 and kept a “hold” rating (≈29% downside), highlighting downside risk and differing views on margins and execution. Stifel cut — BayStreet.CA
• Negative Sentiment: ATB Cormark raised its target to C$39 but kept a “sector perform” call; the new target sits slightly below recent prices (≈3.8% downside), reflecting more cautious near‑term expectations. ATB Cormark note — BayStreet.CA

About Aecon Group

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. Aecon generates the majority of its revenue from the Construction segment.