TSE:ARE - Aecon Group Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: C$21.00
  • Forecasted Upside: 17.65 %
  • Number of Analysts: 8
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 5 Buy Ratings
  • 1 Strong Buy Ratings
C$17.85
▲ +0.2 (1.13%)

This chart shows the closing price for ARE by one month, three months, or twelve months.

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Analyst Price Target for ARE

Analyst Price Target is C$21.00
▲ +17.65% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for Aecon Group in the last 3 months. The average price target is C$21.00, with a high forecast of C$23.00 and a low forecast of C$18.00. The average price target represents a 17.65% upside from the last price of C$17.85.

This chart shows the closing price for ARE for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 8 contributing investment analysts is to buy stock in Aecon Group. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart

  • 1 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
12/29/2019
  • 1 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
3/28/2020
  • 1 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
6/26/2020
  • 1 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
9/24/2020
  • 1 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 0 sell ratings
12/23/2020
  • 1 strong buy ratings
  • 6 buy ratings
  • 2 hold ratings
  • 0 sell ratings
3/23/2021
  • 1 strong buy ratings
  • 6 buy ratings
  • 2 hold ratings
  • 0 sell ratings
5/22/2021
  • 1 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 0 sell ratings
6/21/2021

Latest Recommendations

  • 1 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
4/26/2021Raymond JamesReiterated RatingStrong-BuyC$23.00
4/26/2021BMO Capital MarketsLower Price TargetMarket PerformC$20.00 ➝ C$19.00
4/26/2021CIBCReiterated RatingOutperformC$23.00
4/26/2021Royal Bank of CanadaReiterated RatingSector PerformC$18.00
4/12/2021Raymond JamesReiterated RatingStrong-BuyC$23.00
3/1/2021TD SecuritiesBoost Price TargetBuyC$19.00 ➝ C$22.00
3/1/2021Royal Bank of CanadaReiterated RatingOutperformC$17.00 ➝ C$18.00
3/1/2021Raymond JamesBoost Price TargetStrong-BuyC$23.00
3/1/2021ATB CapitalBoost Price TargetNAC$19.00 ➝ C$23.00
1/14/2021CIBCBoost Price TargetBuyC$20.00 ➝ C$23.00
11/24/2020Raymond JamesSet Price TargetStrong-BuyC$22.00
11/20/2020BMO Capital MarketsReiterated RatingMarket PerformC$16.50
11/2/2020Raymond JamesSet Price TargetStrong-BuyC$22.00
11/2/2020TD SecuritiesLower Price TargetBuyC$19.50 ➝ C$19.00
11/1/2020Atb Cap MarketsReiterated RatingOutperform
9/17/2020Raymond JamesSet Price TargetStrong-BuyC$22.00
7/27/2020Raymond JamesSet Price TargetStrong-BuyC$22.00
7/14/2020Royal Bank of CanadaSet Price TargetSector PerformC$17.00
7/7/2020Laurentian Bank of CanadaReiterated RatingBuyC$20.00
7/7/2020Raymond JamesSet Price TargetStrong-BuyC$22.00
7/7/2020LaurentianSet Price TargetBuyC$20.00
6/1/2020National Bank FinancialLower Price TargetOutperformC$22.50 ➝ C$18.00
5/28/2020Canaccord GenuityLower Price TargetC$22.00 ➝ C$19.00
4/27/2020Raymond JamesReiterated RatingStrong-BuyC$22.00
4/22/2020CIBCLower Price TargetC$24.00 ➝ C$20.00
4/1/2020Canaccord GenuityLower Price TargetC$26.00 ➝ C$22.00
3/31/2020TD SecuritiesLower Price TargetC$23.00 ➝ C$19.50
3/30/2020National Bank FinancialLower Price TargetOutperformC$24.00 ➝ C$22.50
3/5/2020TD SecuritiesLower Price TargetBuyC$25.00 ➝ C$23.00
3/4/2020Raymond JamesSet Price TargetStrong-BuyC$26.00
2/4/2020Raymond JamesSet Price TargetStrong-BuyC$26.00
1/13/2020Canaccord GenuityLower Price TargetC$27.00 ➝ C$26.00
12/18/2019Raymond JamesSet Price TargetStrong-BuyC$26.00
11/4/2019Raymond JamesReiterated RatingStrong-BuyC$26.00
11/4/2019TD SecuritiesLower Price TargetBuyC$26.00 ➝ C$25.00
11/4/2019Royal Bank of CanadaLower Price TargetSector PerformC$22.00 ➝ C$20.00
7/30/2019TD SecuritiesBoost Price TargetBuyC$23.00 ➝ C$26.00
7/30/2019CIBCBoost Price TargetC$23.00 ➝ C$24.00
7/29/2019DesjardinsBoost Price TargetBuyC$23.00 ➝ C$24.00
7/29/2019Canaccord GenuityBoost Price TargetSector PerformC$26.00 ➝ C$27.00
7/29/2019Royal Bank of CanadaBoost Price TargetC$20.00 ➝ C$22.00
7/26/2019Raymond JamesReiterated RatingStrong-BuyC$26.00
6/10/2019Raymond JamesBoost Price TargetStrong-BuyC$23.00 ➝ C$26.00
4/29/2019Canaccord GenuityBoost Price TargetC$24.00 ➝ C$26.00
4/26/2019Raymond JamesReiterated RatingStrong-BuyC$23.00
3/25/2019National Bank FinancialBoost Price TargetC$21.50 ➝ C$24.00
3/7/2019National Bank FinancialBoost Price TargetOutperformC$21.00 ➝ C$21.50
3/7/2019Canaccord GenuityBoost Price TargetC$24.00 ➝ C$25.00
3/6/2019Raymond JamesReiterated RatingStrong-BuyC$23.00
1/15/2019CIBCBoost Price TargetC$21.00 ➝ C$23.00
12/18/2018Canaccord GenuityBoost Price TargetC$23.00 ➝ C$24.00
10/29/2018AltaCorp CapitalUpgradeSector Perform ➝ Outperform
10/29/2018National Bank FinancialBoost Price TargetOutperformC$20.00 ➝ C$21.00
10/29/2018Royal Bank of CanadaBoost Price TargetSector PerformC$18.00 ➝ C$20.00
10/29/2018TD SecuritiesBoost Price TargetBuyC$21.00 ➝ C$23.00
10/29/2018DesjardinsBoost Price TargetC$21.00 ➝ C$22.00
10/29/2018CIBCBoost Price TargetC$20.00 ➝ C$21.00
10/26/2018Industrial Alliance SecuritiesUpgradeBuy ➝ Strong-BuyC$19.50 ➝ C$23.00
10/4/2018Royal Bank of CanadaBoost Price TargetSector PerformC$17.00 ➝ C$18.00
10/4/2018Canaccord GenuityBoost Price TargetC$22.00 ➝ C$23.00
10/4/2018Industrial Alliance SecuritiesBoost Price TargetC$18.50 ➝ C$19.50
9/28/2018National Bank FinancialReiterated RatingOutperformC$19.00
9/26/2018DesjardinsReiterated RatingBuy
7/30/2018AltaCorp CapitalUpgradeUnderperform ➝ Sector Perform
7/30/2018TD SecuritiesBoost Price TargetBuyC$20.00 ➝ C$21.00
7/30/2018DesjardinsBoost Price TargetBuyC$20.00 ➝ C$21.00
7/30/2018National Bank FinancialBoost Price TargetOutperformC$18.00 ➝ C$19.00
7/30/2018Raymond JamesBoost Price TargetStrong-BuyC$20.50 ➝ C$23.00
7/19/2018Raymond JamesReiterated RatingC$15.39C$20.50
7/5/2018CIBCUpgradeNeutral ➝ OutperformC$20.00
6/15/2018Industrial Alliance SecuritiesUpgradeHold ➝ BuyC$17.50 ➝ C$18.00
6/13/2018Raymond JamesUpgradeOutperform ➝ Strong-BuyC$20.50
6/1/2018National Bank FinancialBoost Price TargetOutperformC$17.50 ➝ C$18.00
5/25/2018National Bank FinancialUpgradeTender ➝ OutperformC$20.37 ➝ C$17.50
5/25/2018Raymond JamesUpgradeMarket Perform ➝ OutperformC$20.37 ➝ C$20.50
5/24/2018National Bank FinancialReiterated RatingOutperform Overweight
5/24/2018DesjardinsReiterated RatingBuy
5/24/2018Canaccord GenuityBoost Price TargetC$20.37 ➝ C$22.00
5/24/2018CIBCLower Price TargetC$20.37 ➝ C$20.00
5/24/2018Royal Bank of CanadaLower Price TargetSector PerformC$20.00 ➝ C$17.00
5/24/2018Industrial Alliance SecuritiesUpgradeTender ➝ HoldC$20.37 ➝ C$17.50
3/20/2018AltaCorp CapitalReiterated RatingUnderperform
10/29/2017Royal Bank of CanadaBoost Price TargetSector PerformC$18.00 ➝ C$20.00
10/29/2017National Bank FinancialDowngradeSector Perform ➝ TenderC$18.00 ➝ C$20.37
10/27/2017Raymond JamesDowngradeOutperform ➝ Market PerformC$21.00 ➝ C$20.37
10/27/2017CIBCDowngradeOutperform ➝ NeutralC$21.00 ➝ C$20.37
10/27/2017DesjardinsBoost Price TargetC$19.00 ➝ C$20.37
10/27/2017Industrial Alliance SecuritiesDowngradeStrong-Buy ➝ TenderC$20.50 ➝ C$20.37
10/23/2017National Bank FinancialDowngradeOutperform ➝ Sector PerformC$20.00 ➝ C$23.00
10/23/2017Royal Bank of CanadaReiterated RatingSector PerformC$18.00
10/16/2017Raymond JamesLower Price TargetOutperformC$21.00 ➝ C$19.00
8/28/2017ScotiabankBoost Price TargetOutperformC$19.00 ➝ C$21.00
7/31/2017TD SecuritiesBoost Price TargetBuyC$19.50 ➝ C$20.00
5/9/2017Royal Bank of CanadaReiterated RatingSector Perform
3/17/2017Raymond JamesReiterated RatingOutperformC$19.00
3/9/2017DesjardinsBoost Price TargetC$18.00 ➝ C$19.00
3/9/2017Paradigm CapitalBoost Price TargetC$18.00 ➝ C$19.00
3/9/2017Raymond JamesUpgradeMarket Perform ➝ OutperformC$17.00 ➝ C$19.00
3/9/2017TD SecuritiesSet Price TargetBuyC$19.50
3/9/2017ScotiabankBoost Price TargetOutperformC$18.00 ➝ C$19.00
3/9/2017CIBCBoost Price TargetC$19.00 ➝ C$20.00
3/8/2017Royal Bank of CanadaReiterated RatingSector PerformC$17.00
1/18/2017CIBCBoost Price TargetNeutral ➝ OutperformC$17.00 ➝ C$19.00
11/15/2016National Bank FinancialUpgradeReduce ➝ Outperform
11/3/2016TD SecuritiesLower Price TargetBuyC$22.00 ➝ C$17.50
11/3/2016ScotiabankLower Price TargetOutperformC$21.00 ➝ C$18.00
11/3/2016DesjardinsLower Price TargetBuyC$21.00 ➝ C$18.00
11/3/2016CIBCLower Price TargetC$20.00 ➝ C$17.00
11/3/2016Royal Bank of CanadaLower Price TargetSector PerformC$19.00 ➝ C$16.00
8/8/2016BMO Capital MarketsBoost Price TargetC$17.50 ➝ C$20.00
8/5/2016TD SecuritiesBoost Price TargetBuyC$19.00 ➝ C$22.00
8/5/2016ScotiabankBoost Price TargetOutperformC$18.00 ➝ C$21.00
8/5/2016Paradigm CapitalBoost Price TargetBuyC$19.25 ➝ C$22.50
8/5/2016CIBCBoost Price TargetC$19.00 ➝ C$20.00
8/4/2016DesjardinsBoost Price TargetBuyC$20.00 ➝ C$21.00
7/6/2016Paradigm CapitalBoost Price TargetC$18.75 ➝ C$19.25
(Data available from 6/21/2016 forward)
Aecon Group logo
Aecon Group Inc., together with its subsidiaries, provide construction and infrastructure development services to private and public sector clients in Canada, the United States, and internationally. It operates through two segments, Construction and Concessions. The Construction segment focuses primarily on the civil infrastructure, urban transportation systems, nuclear power infrastructure, utility infrastructure, and conventional industrial infrastructure market sectors. The Concessions segment engages in the development, building, construction, financing, and operation of construction projects by way of public-private partnership contract structures. The company was formerly known as Prefac Concrete Co. Ltd. and changed its name to Aecon Group Inc. in June 2001. Aecon Group Inc. was founded in 1877 and is headquartered in Toronto, Canada.
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Today's Range

Now: C$17.85
Low: C$17.58
High: C$17.97

50 Day Range

MA: C$18.54
Low: C$17.65
High: C$19.97

52 Week Range

Now: C$17.85
Low: C$13.15
High: C$20.44

Volume

177,665 shs

Average Volume

243,236 shs

Market Capitalization

C$1.08 billion

P/E Ratio

14.86

Dividend Yield

3.97%

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Aecon Group?

The following sell-side analysts have issued stock ratings on Aecon Group in the last twelve months: Atb Cap Markets, ATB Capital, BMO Capital Markets, CIBC, Laurentian, Laurentian Bank of Canada, Raymond James, Royal Bank of Canada, and TD Securities.
View the latest analyst ratings for ARE.

What is the current price target for Aecon Group?

8 Wall Street analysts have set twelve-month price targets for Aecon Group in the last year. Their average twelve-month price target is C$21.00, suggesting a possible upside of 17.6%. Raymond James has the highest price target set, predicting ARE will reach C$23.00 in the next twelve months. Royal Bank of Canada has the lowest price target set, forecasting a price of C$18.00 for Aecon Group in the next year.
View the latest price targets for ARE.

What is the current consensus analyst rating for Aecon Group?

Aecon Group currently has 2 hold ratings, 5 buy ratings and 1 strong buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe ARE will outperform the market and that investors should add to their positions of Aecon Group.
View the latest ratings for ARE.

What other companies compete with Aecon Group?

How do I contact Aecon Group's investor relations team?

Aecon Group's physical mailing address is 20 Carlson Crt, Sute 800, ETOBICOKE, ON M9W 7K6, Canada. The company's listed phone number is +1-416-2972600. The official website for Aecon Group is www.aecon.com.