Stifel Nicolaus Boosts Aecon Group (OTCMKTS:AEGXF) Price Target to C$13.75

Aecon Group (OTCMKTS:AEGXF – Get Rating) had its price target upped by Stifel Nicolaus from C$11.50 to C$13.75 in a research report report published on Thursday, The Fly reports.

Several other analysts have also commented on AEGXF. Royal Bank of Canada raised their price objective on shares of Aecon Group from C$11.00 to C$12.00 in a report on Thursday, March 2nd. Desjardins upgraded shares of Aecon Group from a hold rating to a buy rating in a report on Thursday, March 2nd. Finally, TD Securities raised their price objective on shares of Aecon Group from C$12.50 to C$16.00 in a report on Thursday.

Aecon Group Price Performance

OTCMKTS AEGXF opened at $9.67 on Thursday. Aecon Group has a 1 year low of $6.14 and a 1 year high of $13.81. The business’s 50-day moving average is $8.27 and its 200 day moving average is $7.66.

About Aecon Group

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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.