Aecon Group Inc.

Equities

ARE

CA00762V1094

Construction & Engineering

Market Closed - Toronto S.E. 16:00:00 2024-07-02 EDT 5-day change 1st Jan Change
14.01 CAD -17.49% Intraday chart for Aecon Group Inc. -15.09% +7.19%
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Aecon Group Rating, Price Target Maintained by National Bank Following Settlement of Dispute About Coastal GasLink Project MT
Aecon Group Downgraded at BMO, Shares Decline 16% MT
Aecon Group Maintained at Hold by Stifel GMP Following Write Downs; Price Target Cut to C$16.25 MT
Aecon Utilities Buying Electrical Distribution Utility Contractor Xtreme Powerline for US$73 Million MT
Aecon Brief: For a base purchase price of approximately US$73 million, with potential for additional contingent proceeds MT
Aecon Brief: Aecon Utilities Acquiring electrical distribution utility contractor Xtreme Powerline MT
Aecon Group Price Target Lowered to $7 at TD MT
Aecon Group Price Target Lowered to $13 at RBC MT
Aecon Brief: Further, currently anticipates additional charges of approximately $110 million in aggregate to be reflected in Q2 2024 MT
Aecon Brief: From an accounting perspective, Aecon expects a Near $127 million, non-recurring charge relating to construction of Sections 3 and 4 of the Coastal GasLink Pipeline Project to be reflected in Q2 2024 MT
Aecon Brief: Says terms of the settlement agreement are expected to result in no cash impacts to Aecon MT
Aecon Brief: Announcing "Mutually Agreeable" global settlement agreement over Coastal GasLink Pipeline Project dispute and interim update on remaining legacy projects MT
AtkinsRealis Unit Reaches Framework Agreement to Support Deployment of Poland's First Small Modular Reactors MT
Candu Energy Inc Signs A Framework Agreement with Orlen-Synthos Green Energy and A Teaming Agreement Between Orlen-Synthos Green Energy, Atkinsréalis, Aecon, and GE Hitachi Nuclear Energy to Support the Planned Deployment of A Fleet of GEH's BWRX-300 Small Modular Reactors in Poland CI
Aecon Group Inc. Announces Board Changes CI
Aecon Group Inc. Approves Quarterly Dividend, Payable on July 3, 2024 CI
Aecon Group Maintained at Hold at Stifel GMP Following Q! Results; Price Target Raised to C$18.25 MT
Aecon Group Price Target Raised to $16 at RBC MT
National Bank Raises Aecon Target to $18, Maintains Sector Perform MT
Transcript : Aecon Group Inc., Q1 2024 Earnings Call, Apr 25, 2024
Aecon First-Quarter Loss Narrows, Beating Expectations, Even as Revenue Falls 24% MT
Aecon Group Brief: Revenue for the three months ended March 31, 2024 of $847 million was $261 million, or 24%, lower compared to the same period in 2023 MT
Aecon Group Brief: Q1 Net loss of $6.1 million (diluted loss per share of $0.10) MT
Aecon Group Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024 CI
North American Morning Briefing : Tesla Surges, More Big-Tech Earnings in Spotlight DJ
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Aecon Group Inc. is a Canada-based construction and infrastructure development company. The Company delivers integrated solutions to private and public sector clients throughout Canada and other countries. It operates through two segments within the infrastructure development industry: Construction and Concessions. Its Construction segment includes all aspects of the construction of both public and private infrastructure, primarily in Canada, and internationally and focuses primarily on the civil infrastructure, urban transportation solutions, nuclear power infrastructure, utility infrastructure and industrial infrastructure. Its Concessions segment include the development, financing, build and operation of construction projects primarily by way of public-private partnership contract structures, as well as integrating the services of all project participants. The Company’s projects include Annacis Water Supply Tunnel, Bell Canada Gigabit Fiber Service, Finch West LRT, and others.
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More about the company
Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
11
Last Close Price
14.01 CAD
Average target price
18.41 CAD
Spread / Average Target
+31.43%
Consensus
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  5. Aecon Group Brief: California Department of Transportation Selects a JV between Southland and Aecon, SA Connects, as Construction Manager/General Contractor (CMGC) for District 1 Middle-Mile Broadband Network project