Aecon Group (OTCMKTS:AEGXF – Get Free Report) is anticipated to issue its resultson Thursday, July 30th. Analysts expect Aecon Group to post earnings of $0.2096 per share and revenue of $1.0385 billion for the quarter.
Aecon Group Stock Down 2.0%
Shares of Aecon Group stock opened at $34.60 on Wednesday. The business’s fifty day moving average price is $33.50 and its two-hundred day moving average price is $31.26. Aecon Group has a 1-year low of $12.65 and a 1-year high of $41.95.
Wall Street Analysts Forecast Growth
AEGXF has been the topic of a number of research analyst reports. Raymond James Financial raised Aecon Group from an “outperform” rating to an “outperform” rating in a report on Friday, July 3rd. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Aecon Group in a 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. TD Securities reissued a “buy” rating on shares of Aecon Group in a research note on Thursday, April 30th. Finally, BMO Capital Markets restated a “market perform” rating on shares of Aecon Group in a research report on Wednesday, April 29th. Three investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Aecon Group presently has a consensus rating of “Hold”.
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.
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