Aecon traded at 51.23 this Thursday October 15th, decreasing 0.88 or 1.69 percent since the previous trading session. Looking back, over the last four weeks, Aecon lost 14.58 percent. Over the last 12 months, its price rose by 109.53 percent. Looking ahead, we forecast Aecon to be priced at 52.34 by the end of this quarter and at 48.84 in one year, according to Trading Economics global macro models projections and analysts expectations.
Aecon Group Inc is a Canada-based construction and infrastructure development company. It operates through three segments: Infrastructure, Industrial and Concessions. The Infrastructure segment includes all aspects of the construction of both public and private infrastructure in Canada, and on a selected basis, internationally. The Industrial segment encompasses a full suite of service offerings, primarily to energy and mining markets, including conventional industrial construction and manufacturing activities such as in-plant construction, site construction, fabrication and module assembly. The Industrial segment offers turnkey services consolidating its industrial and manufacturing capabilities and services across Canada. Activities within the Concessions segment include the development, financing, construction and operation of infrastructure projects by way of build-operate-transfer, build-own-operate-transfer and other public-private partnership contract structures.