Zacks Upgrades Aegion Corp to Neutral (AEGN)
Aegion Corp (NASDAQ:AEGN) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a research note issued to investors on Tuesday, American Banking News.com reports. The firm currently has a $21.80 price target on the stock. Zacks‘ target price points to a potential upside of 2.44% from the stock’s previous close.
Shares of Aegion Corp (NASDAQ:AEGN) traded down 0.28% on Tuesday, hitting $21.22. 167,822 shares of the company’s stock traded hands. Aegion Corp has a one year low of $19.14 and a one year high of $26.10. The stock’s 50-day moving average is $21.05 and its 200-day moving average is $21.86. The company has a market cap of $799.8 million and a price-to-earnings ratio of 18.54.
Separately, analysts at Craig Hallum downgraded shares of Aegion Corp from a “buy” rating to a “hold” rating in a research note on Wednesday, December 18th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $22.95.
To view Zacks’ full report, visit www.zacks.com
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