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Aecon Group Inc T.ARE

Alternate Symbol(s):  AEGXF

Aecon Group Inc. is a Canada-based construction and infrastructure development company. The Company delivers integrated solutions to private and public sector clients throughout Canada and other countries. It operates through two segments within the infrastructure development industry: Construction and Concessions. Its Construction segment includes all aspects of the construction of both public and private infrastructure, primarily in Canada, and internationally and focuses primarily on the civil infrastructure, urban transportation solutions, nuclear power infrastructure, utility infrastructure and industrial infrastructure. Its Concessions segment include the development, financing, build and operation of construction projects primarily by way of public-private partnership contract structures, as well as integrating the services of all project participants. The Company’s projects include Annacis Water Supply Tunnel, Bell Canada Gigabit Fiber Service, Finch West LRT, and others.


TSX:ARE - Post by User

Post by Gabrielon Mar 07, 2024 12:53pm
72 Views
Post# 35920834

BMO Devin Dodge increased to 17.50$

BMO Devin Dodge increased to 17.50$

BMO’s Devin Dodge increased his target to $17.50 from $14.50 with an “outperform” rating.

“While there continue to be risks associated with the completion of its legacy fixed-price projects, we believe Q4/23 results provided further evidence that the darkest days are in the rear-view mirror,” said Mr. Dodge. “Meanwhile, the rest of the Construction division is performing well, the balance sheet is in great shape and the company has attractive growth opportunities in domestic and international markets.”

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