Shares of Aecon Group Inc. (OTCMKTS:AEGXF – Get Rating) have received a consensus recommendation of "Hold" from the eleven analysts that are presently covering the firm, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1 year price objective among analysts that have covered the stock in the last year is $16.38.

AEGXF has been the topic of several analyst reports. Desjardins downgraded shares of Aecon Group from a "buy" rating to a "hold" rating in a research note on Tuesday, August 2nd. Raymond James reduced their price objective on shares of Aecon Group from C$21.00 to C$17.00 in a research report on Tuesday, August 2nd. FIX downgraded shares of 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 report on Monday, August 1st. Royal Bank of Canada reduced their price objective on shares of Aecon Group from C$16.00 to C$13.00 in a research report on Tuesday, August 2nd. Finally, TD Securities downgraded shares of Aecon Group from a "buy" rating to a "hold" rating in a research report on Tuesday, August 2nd.

Aecon Group Stock Up 1.2 %

Shares of OTCMKTS AEGXF opened at $9.23 on Tuesday. Aecon Group has a 52 week low of $8.10 and a 52 week high of $17.41. The firm's fifty day moving average is $9.01 and its 200 day moving average is $10.90.

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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