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

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

Several research firms recently issued reports on AEGXF. Royal Bank Of Canada restated a “sector perform” rating on shares of Aecon Group in a report on Thursday, April 30th. Raymond James Financial upgraded 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 reissued a “market perform” rating on shares of Aecon Group in a research note on Wednesday, April 29th. Finally, Canadian Imperial Bank of Commerce restated a “neutral” rating on shares of Aecon Group in a research report on Thursday, April 30th.

Aecon Group Stock Performance

AEGXF opened at $34.41 on Monday. Aecon Group has a twelve month low of $12.65 and a twelve month high of $41.95. The company has a fifty day moving average of $33.86 and a 200-day moving average of $30.14.

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.