Aecon Group Inc T.ARE

Alternate Symbol(s): AEGXF

Industrials Conglomerates

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.

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Aecon Group Inc

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Post by Gabrielon Nov 04, 2024 10:26am

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Post# 36295154

ATB Capitsl Markets increases target to 33$

ATB Capital Markets’ Chris Murray to $33 from $29 with an “outperform” rating.

“Despite the significant move in share prices, we continue to see valuations as attractive (i.e., 5.5 times 2025 estimates) and would remain buyers, with potential index inclusion in December representing a near-term catalyst,” he said.

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Osisko Development receives permits for Cariboo Gold Project