Aecon Group Inc. (OTCMKTS:AEGXF) Receives Average Rating of “Hold” from Brokerages

Aecon Group Inc. (OTCMKTS:AEGXF) has been given a consensus recommendation of “Hold” by the seven analysts that are presently covering the company, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company.

Separately, Raymond James Financial raised shares of Aecon Group from an “outperform” rating to an “outperform” rating in a research report on Friday, July 3rd.

Aecon Group Stock Performance

OTCMKTS AEGXF opened at $31.46 on Tuesday. Aecon Group has a 1 year low of $15.00 and a 1 year high of $41.95. The stock’s 50-day moving average price is $33.76 and its two-hundred day moving average price is $32.58.

About Aecon Group

Aecon Group Inc, trading on the OTC market under the symbol AEGXF, is one of Canada’s leading publicly listed infrastructure development and construction companies. Headquartered in Toronto, Ontario, Aecon delivers services across a broad spectrum of sectors, including transportation, energy, mining, and urban development. Since its origins in the late 19th century, Aecon has grown through a series of mergers and strategic acquisitions into a full-service contractor capable of executing projects of varying complexity and scale.

The company’s core business is organized into three main segments: Infrastructure, Urban Development and Concessions, and Industrial.