Aecon Group Inc (ARE) Given New C$20.00 Price Target at Royal Bank Of Canada
Aecon Group Inc (TSE:ARE) had its price objective lifted by Royal Bank Of Canada from C$18.00 to C$20.00 in a research report report published on Sunday. Royal Bank Of Canada currently has a sector perform rating on the stock.
ARE has been the subject of several other reports. Scotiabank upped their price target on shares of Aecon Group from C$19.00 to C$21.00 and gave the company an outperform rating in a research report on Monday, August 28th. Raymond James Financial, Inc. cut their price target on shares of Aecon Group from C$21.00 to C$19.00 and set an outperform rating for the company in a research report on Monday, October 16th. Industrial Alliance Securities lowered shares of Aecon Group from a strong-buy rating to a tender rating and cut their price target for the company from C$20.50 to C$20.37 in a research report on Friday, October 27th. TD Securities upped their price target on shares of Aecon Group from C$19.50 to C$20.00 and gave the company a buy rating in a research report on Monday, July 31st. Finally, National Bank Financial lowered shares of Aecon Group from a sector perform rating to a tender rating and upped their price target for the company from C$18.00 to C$20.37 in a research report on Sunday. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company has a consensus rating of Buy and a consensus target price of C$20.21.
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About Aecon Group
Aecon Group Inc is a Canada-based construction and infrastructure development company. It operates through four segments: Infrastructure, Energy, Mining and Concessions. The Infrastructure segment includes all aspects of the construction of both public and private infrastructure in Canada, and on a selected basis, internationally.
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