Aecon Group Inc. (OTCMKTS:AEGXF) Receives Average Recommendation of “Moderate Buy” from Analysts

Aecon Group Inc. (OTCMKTS:AEGXF) has earned an average rating of “Moderate Buy” from the six research firms that are currently covering the company, MarketBeat.com reports. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company.

A number of analysts recently issued reports on AEGXF shares. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Aecon Group in a research note on Thursday, April 9th. BMO Capital Markets reiterated a “market perform” rating on shares of Aecon Group in a research note on Wednesday.

Aecon Group Price Performance

Shares of Aecon Group stock traded up $2.39 during trading hours on Wednesday, reaching $37.54. The company had a trading volume of 3,376 shares, compared to its average volume of 25,588. Aecon Group has a one year low of $11.99 and a one year high of $38.46. The business has a fifty day simple moving average of $30.81 and a 200 day simple moving average of $25.18.

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.