Aecon Group (OTCMKTS:AEGXF) Stock Rating Lowered by TD Securities

Aecon Group (OTCMKTS:AEGXFGet Rating) was downgraded by research analysts at TD Securities from a “buy” rating to a “hold” rating in a note issued to investors on Tuesday, The Fly reports.

A number of other equities analysts have also weighed in on AEGXF. Stifel Nicolaus decreased their price target on shares of Aecon Group from C$18.00 to C$14.00 in a report on Monday, July 11th. Royal Bank of Canada reduced their target price on shares of Aecon Group from C$18.00 to C$16.00 in a report on Thursday, July 21st. Desjardins lowered shares of Aecon Group from a “buy” rating to a “hold” rating in a report on Tuesday. FIX lowered shares of Aecon Group from a “buy” rating to a “hold” rating and reduced their target price for the company from C$20.00 to C$11.00 in a report on Monday. Finally, BMO Capital Markets reduced their target price on shares of Aecon Group from C$14.00 to C$13.00 in a report on Monday. Five equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, Aecon Group has an average rating of “Hold” and an average price target of $16.72.

Aecon Group Trading Up 2.8 %

Shares of AEGXF opened at $8.53 on Tuesday. The company’s fifty day moving average is $10.29 and its two-hundred day moving average is $11.84. Aecon Group has a fifty-two week low of $8.26 and a fifty-two week high of $17.47.

Aecon Group Company Profile

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Aecon Group Inc, together with its subsidiaries, provide construction and infrastructure development services to private and public sector clients in Canada, the United States, and internationally. It operates through two segments, Construction and Concessions. The Construction segment focuses primarily on the civil infrastructure, urban transportation systems, nuclear power infrastructure, utility infrastructure, and conventional industrial infrastructure market sectors.

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Analyst Recommendations for Aecon Group (OTCMKTS:AEGXF)

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