Will Aecon Group Inc Go Down Anytime Soon?

 Will Aecon Group Inc Go Down Anytime Soon?

The stock of Aecon Group Inc (TSE:ARE) is a huge mover today! About 91,586 shares traded hands. Aecon Group Inc (TSE:ARE) has risen 8.61% since March 24, 2016 and is uptrending. It has outperformed by 5.13% the S&P500.
The move comes after 5 months positive chart setup for the $995.98M company. It was reported on Oct, 31 by Barchart.com. We have $21.17 PT which if reached, will make TSE:ARE worth $219.12M more.

Aecon Group Inc (TSE:ARE) Ratings Coverage

Out of 5 analysts covering Aecon Group Inc (TSE:ARE), 4 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 80% are positive. Aecon Group Inc has been the topic of 8 analyst reports since July 29, 2015 according to StockzIntelligence Inc. The firm earned “Outperform” rating on Wednesday, July 29 by Scotia Capital. National Bank Canada downgraded it to “Sector Perform” rating and $17 target price in Monday, May 2 report.

More notable recent Aecon Group Inc (TSE:ARE) news were published by: Business.Financialpost.com which released: “Aecon Group Inc downgraded, but it’s not all bad news” on November 26, 2015, also Fool.ca with their article: “Is it Time to Buy Aecon Group Inc.?” published on March 04, 2016, Business.Financialpost.com published: “Aecon Group Inc finally sells Quito airport stake, and at a good price” on June 09, 2015. More interesting news about Aecon Group Inc (TSE:ARE) were released by: Fool.ca and their article: “3 Reasons Why Aecon Group Inc. Is a Good Buy” published on August 12, 2015 as well as Wsj.com‘s news article titled: “SNC-Lavalin, Aecon to Refurbish Ontario Nuclear Plant” with publication date: January 11, 2016.

Aecon Group Inc. is a construction and infrastructure development company. The company has a market cap of $995.98 million. The Firm operates through four divisions: Infrastructure, Energy, Mining and Concessions. It has a 22.5 P/E ratio. The Infrastructure segment includes all aspects of the construction of both public and private infrastructure in Canada, and on a selected basis, internationally.

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