Stifel Nicolaus Cuts Aecon Group (OTCMKTS:AEGXF) Price Target to C$11.00

Aecon Group (OTCMKTS:AEGXFGet Rating) had its price target reduced by Stifel Nicolaus from C$14.00 to C$11.00 in a research note published on Tuesday, The Fly reports.

AEGXF has been the topic of a number of other reports. FIX lowered shares of Aecon Group from a buy rating to a hold rating and dropped their price objective for the company from C$20.00 to C$11.00 in a research note on Monday, August 1st. Desjardins lowered shares of Aecon Group from a buy rating to a hold rating in a research note on Tuesday. Royal Bank of Canada dropped their price target on shares of Aecon Group from C$16.00 to C$13.00 in a research note on Tuesday. BMO Capital Markets dropped their price target on shares of Aecon Group from C$14.00 to C$13.00 in a research note on Monday, August 1st. Finally, TD Securities lowered shares of Aecon Group from a buy rating to a hold rating in a research note on Tuesday. Five equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, Aecon Group has an average rating of Hold and an average price target of $16.72.

Aecon Group Stock Performance

OTCMKTS AEGXF opened at $8.53 on Tuesday. Aecon Group has a one year low of $8.26 and a one year high of $17.47. The firm’s fifty day moving average is $10.16 and its two-hundred day moving average is $11.79.

About Aecon Group

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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 primarily on the civil infrastructure, urban transportation systems, nuclear power infrastructure, utility infrastructure, and conventional industrial infrastructure market sectors.

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Analyst Recommendations for Aecon Group (OTCMKTS:AEGXF)

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