Aecon Group (OTCMKTS:AEGXF – Get Free Report) is anticipated to release its resultson Thursday, July 30th. Analysts expect the company to post earnings of $0.2089 per share and revenue of $1.0339 billion for the quarter.
Aecon Group Stock Performance
OTCMKTS:AEGXF opened at $36.56 on Thursday. The company’s 50-day simple moving average is $33.57 and its 200-day simple moving average is $30.91. Aecon Group has a fifty-two week low of $12.65 and a fifty-two week high of $41.95.
Wall Street Analysts Forecast Growth
A number of research firms recently commented on AEGXF. Raymond James Financial raised shares of Aecon Group from an “outperform” rating to an “outperform” rating in a research report on Friday, July 3rd. Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of Aecon Group in a research report on Thursday, April 30th. BMO Capital Markets reiterated a “market perform” rating on shares of Aecon Group in a report on Wednesday, April 29th. Royal Bank Of Canada reissued a “sector perform” rating on shares of Aecon Group in a report on Thursday, April 30th. Finally, TD Securities reissued a “buy” rating on shares of Aecon Group in a research report on Thursday, April 30th. Three investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, Aecon Group has a consensus rating of “Hold”.
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.
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