▲ +16.76% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for Aecon Group Inc. (ARE.TO) in the last 3 months. The average price target is C$19.06, with a high forecast of C$22.00 and a low forecast of C$16.50. The average price target represents a 16.76% upside from the last price of C$16.32.
The current consensus among 8 investment analysts is to buy stock in Aecon Group Inc. (ARE.TO). This Buy consensus rating has held steady for over two years.
Aecon Group Inc. and 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. The Concessions segment engages in the development, financing, construction, and operation of infrastructure projects by way of build-operate-transfer, build-own-operate-transfer, and other public-private partnership contract structures. The company was formerly known as Prefac Concrete Co. Ltd. and changed its name to Aecon Group Inc. in June 2001. Aecon Group Inc. was founded in 1877 and is based in Toronto, Canada.