Aecon Group Inc. (OTCMKTS:AEGXF) Receives Average Rating of “Hold” from Brokerages

Aecon Group Inc. (OTCMKTS:AEGXF) has been assigned a consensus rating of “Hold” from the seven brokerages that are presently covering the stock, MarketBeat.com reports. Four analysts have rated the stock with a hold rating and three have given a buy rating to the company.

A number of equities research analysts have recently issued reports on AEGXF shares. 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 reaffirmed a “neutral” rating on shares of Aecon Group in a report on Thursday, April 30th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Aecon Group in a report on Thursday, April 30th. Finally, TD Securities reaffirmed a “buy” rating on shares of Aecon Group in a report on Thursday, April 30th.

Aecon Group Stock Down 1.1%

Shares of AEGXF stock opened at $31.04 on Thursday. The firm’s 50-day moving average is $34.08 and its 200-day moving average is $29.20. Aecon Group has a 52-week low of $12.65 and a 52-week 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.