Aecon Group Inc. (OTCMKTS:AEGXF) Given Consensus Rating of “Hold” by Analysts

Shares of Aecon Group Inc. (OTCMKTS:AEGXF) have earned an average rating of “Hold” from the seven research firms that are presently covering the firm, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold rating and three have issued a buy rating on the company.

A number of analysts have commented on the stock. Raymond James Financial raised shares of Aecon Group from an “outperform” rating to an “outperform” rating in a report on Friday, July 3rd. TD Securities reissued a “buy” rating on shares of Aecon Group in a research report on Thursday, April 30th. BMO Capital Markets restated a “market perform” rating on shares of Aecon Group in a research note on Wednesday, April 29th. Royal Bank Of Canada restated a “sector perform” rating on shares of Aecon Group in a research note on Thursday, April 30th. Finally, Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of Aecon Group in a report on Thursday, April 30th.

Aecon Group Price Performance

AEGXF opened at $33.55 on Friday. The company’s 50 day moving average is $33.54 and its 200 day moving average is $32.04. Aecon Group has a 12-month low of $14.45 and a 12-month high of $41.95.

About Aecon Group

Aecon Group Inc, trading on the OTC market under the symbol AEGXF, is one of Canada’s leading publicly listed infrastructure development and construction companies. Headquartered in Toronto, Ontario, Aecon delivers services across a broad spectrum of sectors, including transportation, energy, mining, and urban development. Since its origins in the late 19th century, Aecon has grown through a series of mergers and strategic acquisitions into a full-service contractor capable of executing projects of varying complexity and scale.

The company’s core business is organized into three main segments: Infrastructure, Urban Development and Concessions, and Industrial.