Shares of Aecon Group Inc. (ARE) were revisited by a Wall Street analyst today. Analyst Chris Murray from AltaCorp Captial rated Aecon Group Inc. (ARE) a Buy, setting a C$23.50 price target.
Murray has an average return of 11.1% when recommending Aecon Group Inc..
According to TipRanks.com, Murray is ranked #681 out of 5216 analysts.
Currently, the analyst consensus on Aecon Group Inc. is a Strong Buy with an average price target of C$23.33, a 19.3% upside from current levels. In a report released yesterday, Raymond James also maintained a Buy rating on the stock with a C$23 price target.
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The company has a one-year high of C$19.79 and a one-year low of C$14.27. Currently, Aecon Group Inc. has an average volume of 275.1K.
Aecon Group, Inc. engages in construction and infrastructure development. It operates through the following segments: Infrastructure, Industrial, and Concessions. The Infrastructure segment includes all aspects of the construction of both public and private infrastructure, primarily in Canada, and on a selected basis, internationally.
The company’s shares closed on Thursday at C$19.55, close to its 52-week high of C$19.79.
