A Wall Street analyst has provided a review for the Materials company today, but retained the same rating on the stock. Aecon Group Inc. (ARE) received a Buy rating from Raymond James’ analyst Frederic Bastien, with a C$26 price target.
Bastien has an average return of 14.5% when recommending Aecon Group Inc..
According to TipRanks.com, Bastien is ranked #2589 out of 5249 analysts.
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Currently, the analyst consensus on Aecon Group Inc. is a Strong Buy with an average price target of C$24.81.
The company has a one-year high of C$20.02 and a one-year low of C$15.14. Currently, Aecon Group Inc. has an average volume of 299K.
Aecon Group, Inc. engages in construction and infrastructure development. It operates through Construction and Concessions segments. The Construction 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 Friday at C$21.37.
