Aecon Group (TSE:ARE) Cut to “Hold” at National Bank Financial

Aecon Group (TSE:ARE) was downgraded by research analysts at National Bank Financial from a “strong-buy” rating to a “hold” rating in a report issued on Tuesday,Zacks.com reports. National Bank Financial also issued estimates for Aecon Group’s Q3 2025 earnings at $0.52 EPS.

Other equities analysts have also recently issued research reports about the stock. CIBC increased their price objective on shares of Aecon Group from C$25.00 to C$29.00 in a research note on Monday, November 4th. Raymond James increased their price objective on shares of Aecon Group from C$24.00 to C$28.00 in a research note on Tuesday, November 5th. BMO Capital Markets increased their price objective on shares of Aecon Group from C$16.50 to C$27.00 in a research note on Monday, November 4th. ATB Capital increased their price objective on shares of Aecon Group from C$21.00 to C$29.00 and gave the company an “outperform” rating in a research note on Monday, September 16th. Finally, Canaccord Genuity Group increased their price objective on shares of Aecon Group from C$28.00 to C$33.00 in a research note on Monday, November 4th. Six analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of C$26.80.

Aecon Group Price Performance

TSE:ARE opened at C$27.75 on Tuesday. The stock has a market cap of C$1.73 billion, a P/E ratio of -102.78, a PEG ratio of 18.18 and a beta of 1.13. Aecon Group has a one year low of C$11.50 and a one year high of C$29.70. The company has a fifty day moving average price of C$25.17 and a 200 day moving average price of C$19.77. The company has a debt-to-equity ratio of 32.86, a current ratio of 1.35 and a quick ratio of 1.27.

Aecon Group Company Profile

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.