Aecon Group Inc. (OTCMKTS:AEGXF – Get Rating) has been given an average rating of "Hold" by the eleven research firms that are presently covering the firm, Marketbeat Ratings reports. Four analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1-year price objective among analysts that have covered the stock in the last year is $16.38.

Several research firms have issued reports on AEGXF. Stifel Nicolaus cut their target price on Aecon Group from C$14.00 to C$11.00 in a research note on Tuesday, August 2nd. FIX cut Aecon Group from a "buy" rating to a "hold" rating and reduced their price objective for the company from C$20.00 to C$11.00 in a research note on Monday, August 1st. Royal Bank of Canada dropped their price objective on shares of Aecon Group from C$16.00 to C$13.00 in a research report on Tuesday, August 2nd. Raymond James decreased their target price on Aecon Group from C$21.00 to C$17.00 in a research note on Tuesday, August 2nd. Finally, BMO Capital Markets dropped their price objective on Aecon Group from C$14.00 to C$13.00 in a report on Monday, August 1st.

Aecon Group Price Performance

Aecon Group stock opened at $8.39 on Friday. Aecon Group has a 52-week low of $8.26 and a 52-week high of $17.47. The company has a fifty day simple moving average of $9.97 and a 200-day simple moving average of $11.68.

About Aecon Group

Aecon Group Inc, together with its subsidiaries, provide construction and infrastructure development services to private and public sector clients in Canada, the United States, and internationally. It operates through two segments, Construction and Concessions. The Construction segment focuses primarily on the civil infrastructure, urban transportation systems, nuclear power infrastructure, utility infrastructure, and conventional industrial infrastructure market sectors.

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