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

Aecon Group Inc. (OTCMKTS:AEGXF) has received an average recommendation of “Hold” from the seven research firms that are covering the stock, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the company.

A number of equities analysts have weighed in on AEGXF shares. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Aecon Group in a research report on Thursday, April 30th. TD Securities reaffirmed a “buy” rating on shares of Aecon Group in a research report on Thursday, April 30th. Canadian Imperial Bank of Commerce reissued a “neutral” rating on shares of Aecon Group in a report on Thursday, April 30th. Finally, BMO Capital Markets reissued a “market perform” rating on shares of Aecon Group in a report on Wednesday, April 29th.

Aecon Group Stock Down 2.4%

OTCMKTS:AEGXF opened at $31.25 on Thursday. Aecon Group has a twelve month low of $12.65 and a twelve month high of $41.95. The business has a 50 day moving average price of $34.18 and a two-hundred day moving average price of $28.79.

About Aecon Group

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.