In a report released today, Andrew Kaplowitz from Citigroup maintained a Buy rating on Aecom Technology (ACM), with a price target of $50.00. The company’s shares closed last Monday at $42.24, close to its 52-week high of $44.36.
According to TipRanks.com, Kaplowitz is a 3-star analyst with an average return of 2.5% and a 55.6% success rate. Kaplowitz covers the Industrial Goods sector, focusing on stocks such as Honeywell International, Illinois Tool Works, and General Electric.
Aecom Technology has an analyst consensus of Strong Buy, with a price target consensus of $48.13, implying a 12.4% upside from current levels. In a report issued on November 5, Deutsche Bank also upgraded the stock to Buy with a $49.00 price target.
See today’s analyst top recommended stocks >>
Based on Aecom Technology’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $83.74 million. In comparison, last year the company had a net profit of $83.98 million.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
AECOM engages in the design, build, finance, and operation of infrastructure assets for governments, businesses and organizations. It operates through the following segments: Design and Consulting Services, Construction Services, Management Services, and AECOM Capital.
