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

Aecon Group Inc. (OTCMKTS:AEGXF) has received an average recommendation of “Hold” from the seven brokerages that are currently covering the stock, MarketBeat.com reports. Four analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company.

Several equities research analysts have recently commented on AEGXF shares. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Aecon Group in a research report on Thursday, April 30th. Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of Aecon Group in a research report on Thursday, April 30th. BMO Capital Markets reiterated a “market perform” rating on shares of Aecon Group in a research report on Wednesday, April 29th. Finally, TD Securities reiterated a “buy” rating on shares of Aecon Group in a research report on Thursday, April 30th.

Aecon Group Stock Performance

AEGXF opened at $32.44 on Friday. Aecon Group has a 1-year low of $12.65 and a 1-year high of $41.95. The firm has a 50-day moving average price of $33.84 and a two-hundred day moving average price of $27.55.

Aecon Group Company Profile

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.