Credit Suisse analyst Jamie Cook maintained a Hold rating on Aecom Technology Corp (ACM) on December 11 and set a price target of $30. The company’s shares closed yesterday at $28.65, close to its 52-week low of $27.91.
According to TipRanks.com, Cook is a 4-star analyst with an average return of 5.1% and a 52.0% success rate. Cook covers the Basic Materials sector, focusing on stocks such as Advanced Disposal Services Inc, Jacobs Engineering, and Quanta Services.
Currently, the analyst consensus on Aecom Technology Corp is a Moderate Buy with an average price target of $35.29.
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Based on Aecom Technology Corp’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $83.98 million. In comparison, last year the company had a net profit of $88.49 million.
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AECOM engages in the design, build, finance, and operation of infrastructure assets for governments, businesses and organizations. It operates through the following segments: Design and Consulting Services, Construction Services, Management Services, and AECOM Capital.
