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

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

Several brokerages have recently issued reports on AEGXF. TD Securities reissued a “buy” rating on shares of Aecon Group in a research report on Thursday, April 30th. Canadian Imperial Bank of Commerce restated 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 reiterated a “sector perform” rating on shares of Aecon Group in a report on Thursday, April 30th. Finally, Raymond James Financial raised Aecon Group from an “outperform” rating to an “outperform” rating in a research report on Friday, July 3rd.

Aecon Group Stock Performance

Shares of AEGXF opened at $34.60 on Friday. The company has a 50-day simple moving average of $33.49 and a two-hundred day simple moving average of $31.75. Aecon Group has a one year low of $14.29 and a one year high of $41.95.

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.