Aecon Group Inc. (ARE), the Materials sector company was revisited today, and remains undervalued for at least one analyst on the street. Analyst Frederic Bastien from Raymond James rated Aecon Group Inc. (ARE) a Buy, setting a C$23 price target.
Bastien has an average return of 14.3% when recommending Aecon Group Inc..
According to TipRanks.com, Bastien is ranked #2210 out of 5228 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Aecon Group Inc. with a C$23.33 average 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 263.2K.
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 Wednesday at C$19.28, close to its 52-week high of C$19.79.
