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Bullboard - Stock Discussion Forum 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... see more

TSX:ARE - Post Discussion

Aecon Group Inc > Analyst roundup
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Post by Possibleidiot01 on Mar 07, 2024 3:13pm

Analyst roundup

Some detailed notes on these already posted.

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  • Aecon Group (TSE:ARE) had its price target raised by analysts at Royal Bank of Canada from C$10.00 to C$13.00. They now have a "sector perform" rating on the stock. This represents a 23.6% downside from the current price of C$17.01.
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  • Aecon Group (TSE:ARE) had its price target raised by analysts at National Bankshares, Inc. from C$10.50 to C$15.00. They now have a "sector perform" rating on the stock. This represents a 11.8% downside from the current price of C$17.01.
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  • Aecon Group (TSE:ARE) had its price target raised by analysts at Stifel Nicolaus from C$13.00 to C$16.50. They now have a "hold" rating on the stock. This represents a 3.0% downside from the current price of C$17.01.
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  • Aecon Group (TSE:ARE) had its price target raised by analysts at ATB Capital from C$15.25 to C$19.50. They now have an "outperform" rating on the stock. This represents a 14.6% upside from the current price of C$17.01.
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  • Aecon Group (TSE:ARE) had its price target raised by analysts at Desjardins from C$16.00 to C$20.00. They now have a "buy" rating on the stock. This represents a 17.6% upside from the current price of C$17.01.
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  • Aecon Group (TSE:ARE) had its price target raised by analysts at Canaccord Genuity Group Inc. from C$14.00 to C$26.00. They now have a "buy" rating on the stock. This represents a 52.9% upside from the current price of C$17.01.
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  • Aecon Group (TSE:ARE) had its price target raised by analysts at BMO Capital Markets from C$14.50 to C$17.50. They now have an "outperform" rating on the stock. This represents a 2.9% upside from the current price of C$17.01.
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  • Aecon Group (TSE:ARE) had its price target raised by analysts at Raymond James from C$14.00 to C$16.00. They now have a "market perform" rating on the stock. This represents a 5.9% downside from the current price of C$17.01.
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  • Aecon Group (TSE:ARE) had its price target raised by analysts at CIBC from C$18.00 to C$21.00. They now have an "outperform" rating on the stock. This represents a 23.5% upside from the current price of C$17.01.


Comment by itsalie on Mar 07, 2024 5:12pm
There are mostly pre-release.. bmo 20.96 C Last updated Mar 05, 2024
Comment by goldens on Mar 07, 2024 5:30pm
You are correct. RBC still has them at 13 updated today. They are by far the lowest. Average is probably around 19.