Aecon Group Inc (ARE) Given New C$20.00 Price Target at TD Securities

Aecon Group Inc (TSE:ARE) had its target price upped by TD Securities from C$19.50 to C$20.00 in a research note released on Monday, July 31st. TD Securities currently has a buy rating on the stock.

Separately, Royal Bank Of Canada reaffirmed a sector perform rating on shares of Aecon Group in a research note on Tuesday, May 9th. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. Aecon Group has a consensus rating of Buy and a consensus target price of C$19.00.

Aecon Group (ARE) opened at 14.45 on Monday. The stock’s 50 day moving average is $15.32 and its 200 day moving average is $15.98. Aecon Group has a 1-year low of $13.07 and a 1-year high of $18.98. The company has a market cap of $848.78 million and a P/E ratio of 21.66.

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About Aecon Group

Aecon Group Inc is a Canada-based construction and infrastructure development company. It operates through four segments: Infrastructure, Energy, Mining and Concessions. The Infrastructure segment includes all aspects of the construction of both public and private infrastructure in Canada, and on a selected basis, internationally.

Analyst Recommendations for Aecon Group (TSE:ARE)

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