Aecon Group Inc. (OTCMKTS:AEGXF) Given Average Recommendation of “Hold” by Brokerages

Aecon Group Inc. (OTCMKTS:AEGXF) has earned a consensus rating of “Hold” from the seven ratings firms that are presently covering the firm, MarketBeat.com reports. Four analysts have rated the stock with a hold rating and three have given a buy rating to the company.

Several brokerages have issued reports on AEGXF. BMO Capital Markets reaffirmed a “market perform” rating on shares of Aecon Group in a report on Wednesday, April 29th. TD Securities restated a “buy” rating on shares of Aecon Group in a research report on Thursday, April 30th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Aecon Group in a research report on Thursday, April 30th. Finally, Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of Aecon Group in a research report on Thursday, April 30th.

Aecon Group Price Performance

OTCMKTS AEGXF opened at $31.25 on Thursday. Aecon Group has a 12 month low of $12.65 and a 12 month high of $41.95. The stock has a 50 day moving average of $34.18 and a 200-day moving average of $28.79.

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.