In a new note to investors today, an analyst has provided a rating update for Aecon Group Inc. (ARE). The company received a Buy rating from Raymond James’ analyst Frederic Bastien, with a C$26 price target.
Bastien has an average return of 7.4% when recommending Aecon Group Inc..
According to TipRanks.com, Bastien is ranked #2750 out of 5191 analysts.
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Currently, the analyst consensus on Aecon Group Inc. is a Strong Buy with an average price target of C$24.65.
Aecon Group Inc.’s market cap is currently C$1.09B and has a P/E ratio of 15.6. The company has a Price to Book ratio of 1.35.
The company’s shares closed on Monday at C$18.38.
