Brokerages Set Aecon Group Inc (TSE:ARE) PT at $17.11Aecon Group logoShares of Aecon Group Inc (TSE:ARE) have received a consensus recommendation of Buy from the eleven analysts that are currently covering the company, AnalystRatings.NET reports. One research analyst has rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company. The average 1-year price objective among analysts that have covered the stock in the last year is C$17.11. In other Aecon Group news, Director John Michael Beck sold 85,500 shares of the firms stock in a transaction that occurred on Tuesday, December 22nd. The shares were sold at an average price of C$15.16, for a total transaction of C$1,296,060.30. Also, insider Lindsay Brian Swartz sold 8,163 shares of the firms stock in a transaction that occurred on Friday, November 27th. The stock was sold at an average price of C$14.01, for a total transaction of C$114,363.63. Shares of Aecon Group (TSE:ARE) opened at 15.39 on Friday. Aecon Group has a 12-month low of $9.60 and a 12-month high of $15.92. The stock has a 50 day moving average of $14.58 and a 200 day moving average of $13.32. The company has a market cap of $868.87 million and a price-to-earnings ratio of 18.30. The firm also recently declared a quarterly dividend, which will be paid on Monday, January 4th. Stockholders of record on Monday, January 4th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Tuesday, December 22nd. This is a boost from Aecon Groups previous quarterly dividend of $0.08. This represents a $0.40 annualized dividend and a dividend yield of 2.60%. A number of brokerages recently issued reports on ARE. Scotiabank reissued an outperform rating and issued a C$16.00 price objective on shares of Aecon Group in a report on Monday, December 14th. upped their price objective on shares of Aecon Group from C$16.50 to C$18.00 and gave the company a buy rating in a report on Thursday, October 15th. Finally, TD Securities upped their price objective on shares of Aecon Group from C$16.50 to C$18.00 and gave the company a buy rating in a report on Thursday, October 15th. Aecon Group Inc. is a Canada-based construction and infrastructure development company. The Company operates in four segments: Infrastructure, Energy, Mining and Concessions. The Infrastructure segment includes all aspects of the construction of both public and private infrastructure, primarily in Canada, and on a selected basis, internationally. The Energy segment includes a full suite of service offerings to the energy sector, including industrial, construction and manufacturing activities, such as in-plant construction, site construction and module assembly. The Mining segment offers services consolidating the Companys mining capabilities and services across Canada, including both mine site installations and contract mining. The Concessions segment includes the activities of 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.