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 National Bank’s analyst Maxim Sytchev, with a C$21.50 price target.
Sytchev has an average return of 20.6% when recommending Aecon Group Inc..
According to TipRanks.com, Sytchev is ranked #4152 out of 5216 analysts.
Aecon Group Inc. has an analyst consensus of Strong Buy, with a price target consensus of C$23.20, a 22.3% 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.
.
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$18.97, close to its 52-week high of C$19.79.
