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Aecon Group - ARE Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: C$25.94
  • Forecasted Upside: -10.29%
  • Number of Analysts: 13
  • Breakdown:
  • 0 Sell Ratings
  • 4 Hold Ratings
  • 7 Buy Ratings
  • 2 Strong Buy Ratings
C$28.91 As of 11/20/2024 01:00 AM ET
▼ -0.19 (-0.65%)

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$25.94
▼ -10.29% Downside Potential
This price target is based on 13 analysts offering 12 month price targets for Aecon Group in the last 3 months. The average price target is C$25.94, with a high forecast of C$35.00 and a low forecast of C$17.00. The average price target represents a -10.29% upside from the last price of C$28.91.

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 Moderate Buy

The current consensus among 13 investment analysts is to moderate buy stock in Aecon Group. This rating has held steady since July 2024, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 5 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
5/31/2023
  • 0 strong buy ratings
  • 6 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
8/29/2023
  • 0 strong buy ratings
  • 6 buy ratings
  • 7 hold ratings
  • 0 sell ratings
Ratings as of
11/27/2023
  • 0 strong buy ratings
  • 6 buy ratings
  • 6 hold ratings
  • 0 sell ratings
Ratings as of
2/25/2024
  • 0 strong buy ratings
  • 6 buy ratings
  • 6 hold ratings
  • 0 sell ratings
Ratings as of
5/25/2024
  • 2 strong buy ratings
  • 6 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
8/23/2024
  • 2 strong buy ratings
  • 6 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
10/22/2024
  • 2 strong buy ratings
  • 7 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
11/21/2024

Latest Recommendations

  • 2 strong buy ratings
  • 7 buy ratings
  • 4 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
11/5/2024Raymond JamesBoost TargetC$24.00 ➝ C$28.00
11/4/2024BMO Capital MarketsBoost TargetC$16.50 ➝ C$27.00
11/4/2024Canaccord Genuity GroupBoost TargetC$28.00 ➝ C$33.00
11/4/2024TD SecuritiesUpgradeHold ➝ BuyC$23.00 ➝ C$35.00
11/4/2024CIBCBoost TargetC$25.00 ➝ C$29.00
10/30/2024Raymond JamesBoost TargetMarket PerformC$16.00 ➝ C$24.00
10/16/2024CIBCBoost TargetOutperformC$22.00 ➝ C$25.00
10/4/2024Stifel NicolausBoost TargetC$30.00 ➝ C$31.00
9/23/2024Canaccord Genuity GroupBoost TargetBuyC$25.00 ➝ C$28.00
9/16/2024ATB CapitalBoost TargetOutperformC$21.00 ➝ C$29.00
9/9/2024Stifel NicolausBoost TargetC$25.00 ➝ C$30.00
7/29/2024Royal Bank of CanadaBoost TargetSector PerformC$13.00 ➝ C$17.00
7/29/2024National BanksharesUpgradeSector Perform ➝ OutperformC$17.00 ➝ C$20.50
7/28/2024National Bank FinancialUpgradeHold ➝ Strong-Buy
7/26/2024TD SecuritiesLower TargetHoldC$17.00 ➝ C$16.00
7/26/2024Stifel NicolausUpgradeHold ➝ BuyC$16.50 ➝ C$25.00
7/26/2024National BanksharesLower TargetC$18.00 ➝ C$17.00
7/25/2024Stifel CanadaUpgradeHold ➝ Strong-Buy
7/24/2024BMO Capital MarketsLower TargetC$17.50 ➝ C$16.50
7/11/2024CIBCLower TargetC$23.00 ➝ C$22.00
7/3/2024Canaccord Genuity GroupLower TargetBuyC$26.00 ➝ C$25.00
7/3/2024Stifel NicolausBoost TargetC$16.25 ➝ C$16.50
7/2/2024BMO Capital MarketsDowngradeOutperform ➝ Market PerformC$18.50 ➝ C$17.50
7/2/2024Stifel NicolausLower TargetHoldC$18.25 ➝ C$16.25
7/2/2024TD SecuritiesLower TargetHoldC$18.00 ➝ C$17.00
7/2/2024DesjardinsLower TargetBuyC$20.00 ➝ C$18.00
7/2/2024Royal Bank of CanadaLower TargetSector PerformC$16.00 ➝ C$13.00
4/26/2024Royal Bank of CanadaBoost TargetSector PerformC$13.00 ➝ C$16.00
4/26/2024ATB CapitalBoost TargetOutperformC$19.50 ➝ C$21.00
4/26/2024Paradigm CapitalBoost TargetHoldC$14.00 ➝ C$17.80
4/26/2024Raymond JamesBoost TargetMarket PerformC$16.00 ➝ C$17.00
4/26/2024CIBCBoost TargetOutperformC$22.00 ➝ C$23.00
4/26/2024National BanksharesBoost TargetSector PerformC$15.00 ➝ C$18.00
4/26/2024BMO Capital MarketsBoost TargetC$17.50 ➝ C$18.50
4/26/2024Stifel NicolausBoost TargetC$17.00 ➝ C$18.25
4/19/2024Stifel NicolausBoost TargetHoldC$16.50 ➝ C$17.00
4/18/2024CIBCBoost TargetOutperformC$21.00 ➝ C$22.00
3/8/2024TD SecuritiesBoost TargetHoldC$14.00 ➝ C$18.50
3/7/2024CIBCBoost TargetOutperformC$18.00 ➝ C$21.00
3/7/2024Raymond JamesBoost TargetMarket PerformC$14.00 ➝ C$16.00
3/7/2024BMO Capital MarketsBoost TargetOutperformC$14.50 ➝ C$17.50
3/7/2024Canaccord Genuity GroupBoost TargetBuyC$14.00 ➝ C$26.00
3/7/2024DesjardinsBoost TargetBuyC$16.00 ➝ C$20.00
3/7/2024ATB CapitalBoost TargetOutperformC$15.25 ➝ C$19.50
3/7/2024Stifel NicolausBoost TargetHoldC$13.00 ➝ C$16.50
3/7/2024National BanksharesBoost TargetSector PerformC$10.50 ➝ C$15.00
3/7/2024Royal Bank of CanadaBoost TargetSector PerformC$10.00 ➝ C$13.00
2/6/2024Stifel NicolausBoost TargetHoldC$12.00 ➝ C$13.00
1/12/2024CIBCBoost TargetNeutralC$12.50 ➝ C$18.00
1/10/2024TD SecuritiesBoost TargetHoldC$10.50 ➝ C$14.00
10/27/2023CIBCLower TargetNeutralC$13.00 ➝ C$12.50
10/27/2023TD SecuritiesLower TargetHoldC$11.50 ➝ C$10.50
10/27/2023National BanksharesBoost TargetSector PerformC$11.00 ➝ C$12.00
10/27/2023BMO Capital MarketsBoost TargetOutperformC$14.00 ➝ C$14.50
10/27/2023Royal Bank of CanadaLower TargetSector PerformC$12.00 ➝ C$10.00
10/27/2023ATB CapitalLower TargetOutperformC$16.25 ➝ C$15.25
10/26/2023Raymond JamesDowngradeOutperform ➝ Market PerformC$16.00 ➝ C$14.00
10/24/2023Stifel NicolausLower TargetHoldC$13.00 ➝ C$12.00
10/24/2023Canaccord Genuity GroupBoost TargetBuyC$10.00 ➝ C$14.00
9/25/2023CIBCBoost TargetNeutralC$11.50 ➝ C$13.00
9/12/2023Stifel NicolausBoost TargetHoldC$12.00 ➝ C$13.00
7/31/2023Raymond JamesLower TargetOutperformC$20.00 ➝ C$16.00
7/28/2023TD SecuritiesLower TargetHoldC$14.50 ➝ C$11.50
7/28/2023Royal Bank of CanadaLower TargetSector PerformC$14.00 ➝ C$12.00
7/28/2023Industrial Alliance SecuritiesLower TargetBuyC$18.00 ➝ C$16.00
7/28/2023DesjardinsLower TargetBuyC$19.00 ➝ C$16.00
7/28/2023ATB CapitalLower TargetOutperformC$18.00 ➝ C$16.25
7/28/2023BMO Capital MarketsLower TargetC$15.00 ➝ C$14.00
5/17/2023BMO Capital MarketsBoost TargetOutperformC$12.00 ➝ C$15.00
4/28/2023Royal Bank of CanadaLower TargetSector PerformC$15.00 ➝ C$14.00
4/27/2023TD SecuritiesLower TargetHoldC$16.00 ➝ C$14.50
4/27/2023Stifel NicolausBoost TargetC$13.75 ➝ C$14.00
4/12/2023Raymond JamesBoost TargetOutperformC$17.00 ➝ C$20.00
3/22/2023Royal Bank of CanadaBoost TargetSector PerformC$12.00 ➝ C$15.00
3/16/2023TD SecuritiesBoost TargetHoldC$12.50 ➝ C$16.00
3/16/2023Canaccord Genuity GroupBoost TargetC$11.00 ➝ C$14.00
3/2/2023DesjardinsUpgradeHold ➝ Buy
3/2/2023TD SecuritiesBoost TargetHoldC$10.00 ➝ C$12.50
3/2/2023Royal Bank of CanadaBoost TargetSector PerformC$11.00 ➝ C$12.00
3/2/2023ATB CapitalUpgradeSector Perform ➝ OutperformC$14.00 ➝ C$16.00
3/2/2023Canaccord Genuity GroupBoost TargetC$10.00 ➝ C$11.00
3/2/2023Stifel NicolausBoost TargetC$11.00 ➝ C$11.50
3/1/2023Atb Cap MarketsUpgradeSector Perform ➝ Outperform
1/16/2023LaurentianSet TargetHoldC$11.50
10/28/2022TD SecuritiesLower TargetHoldC$12.50 ➝ C$12.00
10/28/2022BMO Capital MarketsLower TargetC$13.00 ➝ C$12.00
10/27/2022Royal Bank of CanadaLower TargetSector PerformC$13.00 ➝ C$12.00
10/13/2022CIBCLower TargetC$14.00 ➝ C$11.50
8/2/2022Atb Cap MarketsDowngradeOutperform ➝ Sector Perform
8/2/2022TD SecuritiesDowngradeBuy ➝ HoldC$19.50 ➝ C$12.50
8/2/2022Royal Bank of CanadaLower TargetSector PerformC$16.00 ➝ C$13.00
8/2/2022ATB CapitalLower TargetC$18.25 ➝ C$14.00
8/2/2022CIBCLower TargetC$16.00 ➝ C$14.00
8/2/2022Stifel NicolausLower TargetC$14.00 ➝ C$11.00
8/2/2022National BanksharesLower TargetSector PerformC$18.00 ➝ C$13.00
8/2/2022Raymond JamesLower TargetOutperformC$21.00 ➝ C$17.00
8/1/2022DesjardinsReiterated RatingHold
7/21/2022Royal Bank of CanadaLower TargetSector PerformC$18.00 ➝ C$16.00
7/13/2022CIBCDowngradeOutperform ➝ NeutralC$20.00 ➝ C$16.00
7/11/2022Stifel NicolausLower TargetC$18.00 ➝ C$14.00
7/5/2022Raymond JamesLower TargetOutperformC$23.00 ➝ C$21.00
4/29/2022Raymond JamesSet TargetOutperformC$23.00
3/3/2022Laurentian Bank of CanadaLower TargetBuyC$17.00
3/3/2022Canaccord Genuity GroupLower TargetC$25.00 ➝ C$20.00
3/3/2022TD SecuritiesLower TargetBuyC$22.00 ➝ C$19.50
3/3/2022Raymond JamesLower TargetOutperformC$24.00 ➝ C$23.00
3/3/2022LaurentianLower TargetC$18.00 ➝ C$17.00
3/3/2022CIBCLower TargetOutperformC$22.00 ➝ C$20.00
3/2/2022National BanksharesDowngradeOutperform ➝ Sector PerformC$21.00 ➝ C$18.00
3/2/2022Royal Bank of CanadaLower TargetSector PerformC$20.00 ➝ C$18.00
3/1/2022National Bank FinancialDowngradeOutperform Overweight ➝ Sector Perform Overweight
2/24/2022Raymond JamesSet TargetOutperformC$24.00
1/30/2022Raymond JamesSet TargetOutperformC$24.00
1/24/2022Raymond JamesLower TargetNeutralC$26.00 ➝ C$24.00
1/5/2022National Bank FinancialLower TargetOutperformC$21.00
1/5/2022National BanksharesLower TargetC$22.50 ➝ C$21.00
11/2/2021ATB CapitalLower TargetC$24.00 ➝ C$21.00
11/1/2021CIBCLower TargetOutperformC$22.00
11/1/2021TD SecuritiesLower TargetBuyC$24.00 ➝ C$22.00
11/1/2021Raymond JamesDowngradeStrong-Buy ➝ OutperformC$26.00
11/1/2021ATB CapitalBoost TargetBuyC$21.00 ➝ C$24.00
7/27/2021TD SecuritiesBoost TargetBuyC$22.00 ➝ C$24.00
7/26/2021Laurentian Bank of CanadaSet TargetC$20.09
7/26/2021National Bank FinancialReiterated RatingOutperformC$20.09
7/26/2021ATB CapitalSet TargetC$23.00 ➝ C$20.09
7/26/2021BMO Capital MarketsSet TargetC$19.00 ➝ C$20.09
7/26/2021LaurentianBoost TargetC$22.00 ➝ C$24.00
7/26/2021TD SecuritiesSet TargetC$22.00 ➝ C$20.09
7/26/2021National BanksharesBoost TargetOutperformC$21.00 ➝ C$23.50
7/26/2021CIBCBoost TargetOutperformC$23.00 ➝ C$24.00
7/26/2021Royal Bank of CanadaReiterated RatingSector PerformC$18.00 ➝ C$20.00
7/23/2021Raymond JamesBoost TargetStrong-BuyC$23.00 ➝ C$26.00
7/14/2021Royal Bank of CanadaReiterated RatingSector PerformC$18.00
7/6/2021Raymond JamesReiterated RatingStrong-BuyC$23.00
6/24/2021Royal Bank of CanadaReiterated RatingSector PerformC$18.00
4/26/2021Raymond JamesReiterated RatingStrong-BuyC$23.00
4/26/2021BMO Capital MarketsLower 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 TargetBuyC$19.00 ➝ C$22.00
3/1/2021Royal Bank of CanadaReiterated RatingOutperformC$17.00 ➝ C$18.00
3/1/2021Raymond JamesBoost TargetStrong-BuyC$23.00
3/1/2021ATB CapitalBoost TargetNAC$19.00 ➝ C$23.00
1/14/2021CIBCBoost TargetBuyC$20.00 ➝ C$23.00
11/24/2020Raymond JamesSet TargetStrong-BuyC$22.00
11/20/2020BMO Capital MarketsReiterated RatingMarket PerformC$16.50
11/2/2020Raymond JamesSet TargetStrong-BuyC$22.00
11/2/2020TD SecuritiesLower TargetBuyC$19.50 ➝ C$19.00
11/1/2020Atb Cap MarketsReiterated RatingOutperform
9/17/2020Raymond JamesSet TargetStrong-BuyC$22.00
7/27/2020Raymond JamesSet TargetStrong-BuyC$22.00
7/14/2020Royal Bank of CanadaSet TargetSector PerformC$17.00
7/7/2020Laurentian Bank of CanadaReiterated RatingBuyC$20.00
7/7/2020Raymond JamesSet TargetStrong-BuyC$22.00
7/7/2020LaurentianSet TargetBuyC$20.00
6/1/2020National Bank FinancialLower TargetOutperformC$22.50 ➝ C$18.00
4/27/2020Raymond JamesReiterated RatingStrong-BuyC$22.00
4/22/2020CIBCLower TargetC$24.00 ➝ C$20.00
3/31/2020TD SecuritiesLower TargetC$23.00 ➝ C$19.50
3/30/2020National Bank FinancialLower TargetOutperformC$24.00 ➝ C$22.50
3/5/2020TD SecuritiesLower TargetBuyC$25.00 ➝ C$23.00
3/4/2020Raymond JamesSet TargetStrong-BuyC$26.00
2/4/2020Raymond JamesSet TargetStrong-BuyC$26.00
12/18/2019Raymond JamesSet TargetStrong-BuyC$26.00
(Data available from 11/21/2019 forward)

News Sentiment Rating

0.79 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 3 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/24/2024
  • 0 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
5/24/2024
  • 0 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/23/2024
  • 5 very positive mentions
  • 3 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
7/23/2024
  • 8 very positive mentions
  • 14 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
8/22/2024
  • 2 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/21/2024
  • 3 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/21/2024
  • 11 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/20/2024

Current Sentiment

  • 11 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

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 on civil infrastructure, urban transportation solutions, nuclear power infrastructure, utility infrastructure, and conventional industrial infrastructure market sectors. The Concessions segment engages in the development, building, financing, and operation of construction projects by way of public-private partnership contract structures. This segment also provides development of domestic international public-private partnership; private finance solution; developing strategic partnerships; leading and/or participating in development teams; and operations and maintenance of infrastructure assets services. 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 1867 and is headquartered in Toronto, Canada.
Read More

Today's Range

Now: C$28.91
Low: C$28.81
High: C$29.14

50 Day Range

MA: C$23.30
Low: C$18.26
High: C$29.13

52 Week Range

Now: C$28.91
Low: C$11.05
High: C$29.61

Volume

182,483 shs

Average Volume

293,090 shs

Market Capitalization

C$1.81 billion

P/E Ratio

N/A

Dividend Yield

3.47%

Beta

1.13

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 Capital, BMO Capital Markets, Canaccord Genuity Group Inc., CIBC, Desjardins, National Bank Financial, National Bankshares, Inc., Paradigm Capital, Raymond James, Royal Bank of Canada, Stifel Canada, Stifel Nicolaus, and TD Securities.
View the latest analyst ratings for ARE.

What is the current price target for Aecon Group?

0 Wall Street analysts have set twelve-month price targets for Aecon Group in the last year. Their average twelve-month price target is C$25.94, suggesting a possible downside of 10.3%. TD Securities has the highest price target set, predicting ARE will reach C$35.00 in the next twelve months. Royal Bank of Canada has the lowest price target set, forecasting a price of C$17.00 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 4 hold ratings, 7 buy ratings and 2 strong buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for ARE.

What other companies compete with Aecon Group?

Other companies that are similar to Aecon Group include Bird Construction, Badger Daylighting, Badger Infrastructure Solutions, IBI Group and DIRTT Environmental Solutions. Learn More about companies similar to 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. Learn More about contacing Aecon Group investor relations.