RE:FYI: ARE.T=Ratings & Target price updates this week Thanks Timebuider1
Yes at this point in time, anything less than a minimum $30 share price target I wouldn't bother listening to these analysts. Expect more analysts to come forward with increased sp targets.
I am also expecting a greater than avg daily trading volume to come forth going forward. We broke the barrier on Friday with $1.3 M in volume verses our daily avg of 255k avg. That's an absurd "5x" the avg daily volume here on Fridays trading. That will bring more eyes and attention as well from those who missed the boat. It's been mostly retail investors up to now. My guess is big money started investing on Friday. They may have initiated "starter positions" ? If so then they will really add when they see full clearance on the remaining LSTK projects.
Regardless of who bought? It's obvious Aecon is now on the watch list. Exciting times for sure.
Ron