On July 29, an analyst has provided a rating update for the Materials sector company, Aecon Group Inc. (ARE). GMP FirstEnergy’s analyst Ben Jekic reiterates their Buy rating on the shares, with a C$26 price target.
Jekic has an average return of 16.0% when recommending Aecon Group Inc..
According to TipRanks.com, Jekic is ranked #1984 out of 5253 analysts.
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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Aecon Group Inc. with a C$24.86 average price target, a 22.3% upside from current levels. In a report issued on July 26, Raymond James also maintained a Buy rating on the stock with a C$26 price target.
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The company has a one-year high of C$21.83 and a one-year low of C$15.54. Currently, Aecon Group Inc. has an average volume of 337.3K.
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 Wednesday at C$20.32.
