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

Shares of Aecon Group Inc. (OTCMKTS:AEGXF) have earned an average recommendation of “Hold” from the seven analysts that are currently covering the company, Marketbeat reports. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company.

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

Aecon Group Price Performance

Shares of AEGXF opened at $38.31 on Monday. The business’s 50 day moving average is $33.60 and its 200 day moving average is $30.62. Aecon Group has a 12-month low of $12.65 and a 12-month high of $41.95.

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.