Aecon Group (TSE:ARE – Get Free Report) was downgraded by research analysts at National Bank Financial from a “strong-buy” rating to a “hold” rating in a report released on Tuesday,Zacks.com reports. National Bank Financial also issued estimates for Aecon Group’s Q3 2025 earnings at $0.52 EPS.
A number of other research firms have also weighed in on ARE. Stifel Nicolaus boosted their target price on Aecon Group from C$30.00 to C$31.00 in a report on Friday, October 4th. Canaccord Genuity Group boosted their target price on Aecon Group from C$28.00 to C$33.00 in a report on Monday, November 4th. National Bankshares downgraded Aecon Group from an “outperform” rating to a “sector perform” rating and boosted their price target for the company from C$28.00 to C$30.00 in a research note on Wednesday. TD Securities upgraded Aecon Group from a “hold” rating to a “buy” rating and boosted their price target for the company from C$23.00 to C$35.00 in a research note on Monday, November 4th. Finally, Raymond James boosted their price target on Aecon Group from C$24.00 to C$28.00 in a research note on Tuesday, November 5th. Six investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of C$26.80.
Check Out Our Latest Report on Aecon Group
Aecon Group Stock Down 0.9 %
About Aecon Group
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 on civil infrastructure, urban transportation solutions, nuclear power infrastructure, utility infrastructure, and conventional industrial infrastructure market sectors.
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