National Bank Reaffirms Their Buy Rating on Aecon Group Inc. (ARE)
In a report released today, from National Bank maintained a Buy rating on Aecon Group Inc., with a price target of C$48.00.
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In addition to National Bank, Aecon Group Inc. also received a Buy from Canaccord Genuity’s Yuri Lynk in a report issued on March 30. However, on March 31, Stifel Nicolaus maintained a Hold rating on Aecon Group Inc. (TSX: ARE).
Based on Aecon Group Inc.’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of C$1.54 billion and a net profit of C$20.7 million. In comparison, last year the company earned a revenue of C$1.27 billion and had a net profit of C$14.03 million
Based on the recent corporate insider activity of 39 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ARE in relation to earlier this year.
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- Aecon Group price target raised to C$44 from C$38.75 at Stifel
- Aecon Group resumed with a Market Perform at BMO Capital
- Aecon Group resumed with a Buy at TD Securities
- Aecon Raises $172.5 Million in Bought Deal Share Offering to Strengthen Balance Sheet
- Aecon to Release First-Quarter 2026 Results and Host Investor Call
