TSE:ARE - Aecon Group Inc. (ARE.TO) Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: C$19.06
  • Forecasted Upside: 16.76 %
  • Number of Analysts: 8
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 5 Buy Ratings
  • 1 Strong Buy Ratings
C$16.32
▲ +0.15 (0.93%)
1 month | 3 months | 12 months
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Analyst Price Target for ARE

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
C$19.06
▲ +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.
Buy
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.

Past Monthly Recommendations

Move your mouse over past months for details

  • 2 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
6/3/2019
  • 2 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
9/1/2019
  • 1 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
11/30/2019
  • 1 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
2/28/2020
  • 1 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
5/28/2020
  • 1 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
8/26/2020
  • 1 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
10/25/2020
  • 1 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 0 sell ratings
11/24/2020

Latest Recommendations

  • 1 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetDetails
11/24/2020Raymond JamesSet Price TargetStrong-BuyC$22.00
i
11/20/2020BMO Capital MarketsReiterated RatingMarket PerformC$16.50
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11/2/2020Raymond JamesSet Price TargetStrong-BuyC$22.00
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11/2/2020TD SecuritiesLower Price TargetBuyC$19.50 ➝ C$19.00
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11/1/2020Atb Cap MarketsReiterated RatingOutperform
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Rating by C. Murray at Atb Cap Markets
9/17/2020Raymond JamesSet Price TargetStrong-BuyC$22.00
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7/27/2020Raymond JamesSet Price TargetStrong-BuyC$22.00
i
7/14/2020Royal Bank of CanadaSet Price TargetSector PerformC$17.00
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7/7/2020Laurentian Bank of Canada (LB.TO)Reiterated RatingBuyC$20.00
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7/7/2020Raymond JamesSet Price TargetStrong-BuyC$22.00
i
7/7/2020LaurentianSet Price TargetBuyC$20.00
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6/1/2020National Bank FinancialLower Price TargetOutperformC$22.50 ➝ C$18.00
i
5/28/2020Canaccord GenuityLower Price TargetC$22.00 ➝ C$19.00
i
4/27/2020Raymond JamesReiterated RatingStrong-BuyC$22.00
i
4/22/2020CIBCLower Price TargetC$24.00 ➝ C$20.00
i
4/1/2020Canaccord GenuityLower Price TargetC$26.00 ➝ C$22.00
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3/31/2020TD SecuritiesLower Price TargetC$23.00 ➝ C$19.50
i
3/30/2020National Bank FinancialLower Price TargetOutperformC$24.00 ➝ C$22.50
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3/5/2020TD SecuritiesLower Price TargetBuyC$25.00 ➝ C$23.00
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3/4/2020Raymond JamesSet Price TargetStrong-BuyC$26.00
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2/4/2020Raymond JamesSet Price TargetStrong-BuyC$26.00
i
1/13/2020Canaccord GenuityLower Price TargetC$27.00 ➝ C$26.00
i
12/18/2019Raymond JamesSet Price TargetStrong-BuyC$26.00
i
11/4/2019Raymond JamesReiterated RatingStrong-BuyC$26.00
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11/4/2019TD SecuritiesLower Price TargetBuyC$26.00 ➝ C$25.00
i
11/4/2019Royal Bank of CanadaLower Price TargetSector PerformC$22.00 ➝ C$20.00
i
7/30/2019TD SecuritiesBoost Price TargetBuyC$23.00 ➝ C$26.00
i
7/30/2019CIBCBoost Price TargetC$23.00 ➝ C$24.00
i
7/29/2019DesjardinsBoost Price TargetBuyC$23.00 ➝ C$24.00
i
7/29/2019Canaccord GenuityBoost Price TargetSector PerformC$26.00 ➝ C$27.00
i
7/29/2019Royal Bank of CanadaBoost Price TargetC$20.00 ➝ C$22.00
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7/26/2019Raymond JamesReiterated RatingStrong-BuyC$26.00
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6/10/2019Raymond JamesBoost Price TargetStrong-BuyC$23.00 ➝ C$26.00
i
4/29/2019Canaccord GenuityBoost Price TargetC$24.00 ➝ C$26.00
i
4/26/2019Raymond JamesReiterated RatingStrong-BuyC$23.00
i
3/25/2019National Bank FinancialBoost Price TargetC$21.50 ➝ C$24.00
i
3/7/2019National Bank FinancialBoost Price TargetOutperformC$21.00 ➝ C$21.50
i
3/7/2019Canaccord GenuityBoost Price TargetC$24.00 ➝ C$25.00
i
3/6/2019Raymond JamesReiterated RatingStrong-BuyC$23.00
i
1/15/2019CIBCBoost Price TargetC$21.00 ➝ C$23.00
i
12/18/2018Canaccord GenuityBoost Price TargetC$23.00 ➝ C$24.00
i
10/29/2018AltaCorp CapitalUpgradeSector Perform ➝ Outperform
i
Rating by C. Murray at AltaCorp Capital
10/29/2018National Bank FinancialBoost Price TargetOutperformC$20.00 ➝ C$21.00
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Rating by M. Sytchev at National Bank Financial
10/29/2018Royal Bank of CanadaBoost Price TargetSector PerformC$18.00 ➝ C$20.00
i
10/29/2018TD SecuritiesBoost Price TargetBuyC$21.00 ➝ C$23.00
i
10/29/2018DesjardinsBoost Price TargetC$21.00 ➝ C$22.00
i
Rating by B. Poirier at Desjardins
10/29/2018CIBCBoost Price TargetC$20.00 ➝ C$21.00
i
10/26/2018Industrial Alliance SecuritiesUpgradeBuy ➝ Strong-BuyC$19.50 ➝ C$23.00
i
10/4/2018Royal Bank of CanadaBoost Price TargetSector PerformC$17.00 ➝ C$18.00
i
10/4/2018Canaccord GenuityBoost Price TargetC$22.00 ➝ C$23.00
i
10/4/2018Industrial Alliance SecuritiesBoost Price TargetC$18.50 ➝ C$19.50
i
9/28/2018National Bank FinancialReiterated RatingOutperformC$19.00
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Rating by M. Sytchev at National Bank Financial
9/26/2018DesjardinsReiterated RatingBuy
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Rating by B. Poirier at Desjardins
7/30/2018AltaCorp CapitalUpgradeUnderperform ➝ Sector Perform
i
Rating by C. Murray at AltaCorp Capital
7/30/2018TD SecuritiesBoost Price TargetBuyC$20.00 ➝ C$21.00
i
7/30/2018DesjardinsBoost Price TargetBuyC$20.00 ➝ C$21.00
i
Rating by B. Poirier at Desjardins
7/30/2018National Bank FinancialBoost Price TargetOutperformC$18.00 ➝ C$19.00
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Rating by M. Sytchev at National Bank Financial
7/30/2018Raymond JamesBoost Price TargetStrong-BuyC$20.50 ➝ C$23.00
i
7/19/2018Raymond JamesReiterated RatingC$15.39C$20.50
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7/5/2018CIBCUpgradeNeutral ➝ OutperformC$20.00
i
6/15/2018Industrial Alliance SecuritiesUpgradeHold ➝ BuyC$17.50 ➝ C$18.00
i
6/13/2018Raymond JamesUpgradeOutperform ➝ Strong-BuyC$20.50
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6/1/2018National Bank FinancialBoost Price TargetOutperformC$17.50 ➝ C$18.00
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Rating by M. Sytchev at National Bank Financial
5/25/2018National Bank FinancialUpgradeTender ➝ OutperformC$20.37 ➝ C$17.50
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5/25/2018Raymond JamesUpgradeMarket Perform ➝ OutperformC$20.37 ➝ C$20.50
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5/24/2018National Bank FinancialReiterated RatingOutperform Overweight
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Rating by M. Sytchev at National Bank Financial
5/24/2018DesjardinsReiterated RatingBuy
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Rating by B. Poirier at Desjardins
5/24/2018Canaccord GenuityBoost Price TargetC$20.37 ➝ C$22.00
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5/24/2018CIBCLower Price TargetC$20.37 ➝ C$20.00
i
5/24/2018Royal Bank of CanadaLower Price TargetSector PerformC$20.00 ➝ C$17.00
i
5/24/2018Industrial Alliance SecuritiesUpgradeTender ➝ HoldC$20.37 ➝ C$17.50
i
3/20/2018AltaCorp CapitalReiterated RatingUnderperform
i
Rating by C. Murray at AltaCorp Capital
10/29/2017Royal Bank of CanadaBoost Price TargetSector PerformC$18.00 ➝ C$20.00
i
10/29/2017National Bank FinancialDowngradeSector Perform ➝ TenderC$18.00 ➝ C$20.37
i
Rating by M. Sytchev at National Bank Financial
10/27/2017Raymond JamesDowngradeOutperform ➝ Market PerformC$21.00 ➝ C$20.37
i
10/27/2017CIBCDowngradeOutperform ➝ NeutralC$21.00 ➝ C$20.37
i
10/27/2017DesjardinsBoost Price TargetC$19.00 ➝ C$20.37
i
10/27/2017Industrial Alliance SecuritiesDowngradeStrong-Buy ➝ TenderC$20.50 ➝ C$20.37
i
10/23/2017National Bank FinancialDowngradeOutperform ➝ Sector PerformC$20.00 ➝ C$23.00
i
Rating by M. Sytchev at National Bank Financial
10/23/2017Royal Bank of CanadaReiterated RatingSector PerformC$18.00
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10/16/2017Raymond JamesLower Price TargetOutperformC$21.00 ➝ C$19.00
i
8/28/2017ScotiabankBoost Price TargetOutperformC$19.00 ➝ C$21.00
i
7/31/2017TD SecuritiesBoost Price TargetBuyC$19.50 ➝ C$20.00
i
5/9/2017Royal Bank of CanadaReiterated RatingSector Perform
i
3/17/2017Raymond JamesReiterated RatingOutperformC$19.00
i
3/9/2017DesjardinsBoost Price TargetC$18.00 ➝ C$19.00
i
3/9/2017Paradigm CapitalBoost Price TargetC$18.00 ➝ C$19.00
i
3/9/2017Raymond JamesUpgradeMarket Perform ➝ OutperformC$17.00 ➝ C$19.00
i
3/9/2017TD SecuritiesSet Price TargetBuyC$19.50
i
3/9/2017ScotiabankBoost Price TargetOutperformC$18.00 ➝ C$19.00
i
3/9/2017CIBCBoost Price TargetC$19.00 ➝ C$20.00
i
3/8/2017Royal Bank of CanadaReiterated RatingSector PerformC$17.00
i
1/18/2017CIBCBoost Price TargetNeutral ➝ OutperformC$17.00 ➝ C$19.00
i
11/15/2016National Bank FinancialUpgradeReduce ➝ Outperform
i
Rating by M. Sytchev at National Bank Financial
11/3/2016TD SecuritiesLower Price TargetBuyC$22.00 ➝ C$17.50
i
11/3/2016ScotiabankLower Price TargetOutperformC$21.00 ➝ C$18.00
i
11/3/2016DesjardinsLower Price TargetBuyC$21.00 ➝ C$18.00
i
11/3/2016CIBCLower Price TargetC$20.00 ➝ C$17.00
i
11/3/2016Royal Bank of CanadaLower Price TargetSector PerformC$19.00 ➝ C$16.00
i
8/8/2016BMO Capital MarketsBoost Price TargetC$17.50 ➝ C$20.00
i
8/5/2016TD SecuritiesBoost Price TargetBuyC$19.00 ➝ C$22.00
i
8/5/2016ScotiabankBoost Price TargetOutperformC$18.00 ➝ C$21.00
i
8/5/2016Paradigm CapitalBoost Price TargetBuyC$19.25 ➝ C$22.50
i
8/5/2016CIBCBoost Price TargetC$19.00 ➝ C$20.00
i
8/4/2016DesjardinsBoost Price TargetBuyC$20.00 ➝ C$21.00
i
7/6/2016Paradigm CapitalBoost Price TargetC$18.75 ➝ C$19.25
i
5/5/2016CIBCBoost Price TargetC$18.00 ➝ C$19.00
i
5/4/2016Canaccord GenuityBoost Price TargetC$17.00 ➝ C$19.00
i
5/4/2016Royal Bank of CanadaReiterated RatingOutperformC$19.00
i
5/2/2016National Bank FinancialDowngradeOutperform ➝ Sector PerformC$19.00 ➝ C$17.00
i
5/1/2016National Bank FinancialReiterated RatingSector Perform Overweight
i
Rating by M. Sytchev at National Bank Financial
4/14/2016DesjardinsBoost Price TargetBuyC$18.00 ➝ C$20.00
i
4/12/2016AltaCorp CapitalBoost Price TargetOutperformC$20.00 ➝ C$24.00
i
3/18/2016Dundee SecuritiesDowngradeBuy ➝ Neutral
i
Rating by M. Sytchev at Dundee Securities
3/3/2016ScotiabankBoost Price TargetOutperformC$16.00 ➝ C$18.00
i
3/3/2016CIBCBoost Price TargetSector PerformC$17.00 ➝ C$18.00
i
3/3/2016TD SecuritiesBoost Price TargetBuyC$18.00 ➝ C$19.00
i
3/3/2016Royal Bank of CanadaBoost Price TargetOutperformC$18.00 ➝ C$19.00
i
3/3/2016Canaccord GenuityBoost Price TargetBuyC$16.00 ➝ C$17.00
i
3/3/2016BMO Capital MarketsBoost Price TargetMarket PerformC$15.00 ➝ C$16.00
i
3/3/2016National Bank FinancialBoost Price TargetOutperformC$17.00 ➝ C$19.00
i
2/29/2016CIBCDowngradeSector Outperformer ➝ Sector PerformerC$16.00 ➝ C$17.00
i
12/14/2015ScotiabankReiterated RatingOutperformC$16.00
i
(Data available from 11/24/2015 forward)
Aecon Group Inc. (ARE.TO) logo
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.
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Today's Range

Now: C$16.32
C$15.94
C$16.41

50 Day Range

MA: C$14.68
C$13.54
C$16.16

52 Week Range

Now: C$16.32
C$10.94
C$18.50

Volume

303,702 shs

Average Volume

328,873 shs

Market Capitalization

C$977.21 million

P/E Ratio

14.24

Dividend Yield

3.96%

Beta

N/A