Overview
Aecon Group Inc. is a major construction and infrastructure development company based in Canada. As a leader in its industry, Aecon is involved in several key sectors, including the building, civil infrastructure, and utility segments. Noteworthy projects that underline Aecon's robust portfolio include its role in the partnership for Toronto's Eglinton Crosstown Light Rail Transit, involvement in the Site C dam in British Columbia, and significant contributions to the refurbishment of the Darlington Nuclear Generating Station in Ontario. The company strategically focuses on public-sector projects, often collaborating with federal and provincial government initiatives, positioning it prominently within large-scale infrastructure developments that shape Canada's landscape.
Basic Stats
The share price of Aecon Group Inc. as of June 10, 2024 is $12.05 / share. The market cap (or net worth) of Aecon Group Inc. as of September 5, 2025 is $759.82 MM.
The Factor Analysis chart (below right) shows a view of Aecon Group Inc. from a variety of lenses. Each factor shows how well the company ranks against all other companies in the Fintel global investing universe. Factor scores range from zero to 100, with 100 being most desirable, and 50 being average.
For example, a company with a Value Score of 100 would be the most undervalued company in our database. A company with a Value Score of zero would be the most overvalued.
| Market Cap | 759.82 MM |
| EV | |
| Shares Out. | 63.06 MM |
| Earnings Date | |
| EPS (TTM) | 0.40 |
| Dividend Yield | |
| Ex-Dividend Date | 2025-09-22 |
| Borrow Rate | 1.36 |
| Short Shares Avail. | 0.01 MM |
| Short Interest | |
| Short Float | |
| Days to Cover | |
| Risk Free Rate | 4.17 % |
| Price Change (1 yr) | |
| Volatility (1 yr) | |
| Beta | |
| Sharpe Ratio (1 yr) | |
| Sortino Ratio (1 yr) |
| PE Ratio | |
| Price/Book | |
| Price/TBV | |
| Book/Market | |
| EBIT/EV | |
| EBIT(3yr avg)/EV | |
| ROA | 0.01 |
| ROE | 0.03 |
| ROIC | 0.02 |
| CROIC | -0.03 |
| OCROIC | -0.02 |
| Implied Volatility | |
| Put/Call OI Ratio |
Factor Scores range from 0 to 100, with 100 being most desirable. Larger circles are better. In situations where we have no data (e.g. no insider trades), we plot the score at 50 to avoid penalizing companies. However, a company that does not pay dividends will get a Dividend Score of Zero. Additionally, we inverted volatility to create a "stability" metric which is better when higher.
Price Target
The average one-year price target for Aecon Group Inc. is $17.13. The forecasts range from a low of $13.84 to a high of $21.21. A stock’s price target is the price at which analysts consider it fairly valued with respect to its projected earnings and historical earnings. Analysts typically set price targets that correspond to their buy or sell recommendations.
Update Frequency: Monthly
Stock Upgrades/Downgrades
This card shows analyst upgrades/downgrades for Aecon Group Inc.. An analyst rating is a classification that gives investors a sense of analyst sentiment about the direction and performance of an equity - usually a stock - over a period of time, typically 12 months.
The standard analyst ratings are generally as follows:
- Buy/Overweight/Outperform - Any of these ratings conveys an analyst’s belief that the stock is likely to outperform a market index (e.g. the S&P 500).
- Hold/Equal-Weight/Market Perform - Any of these ratings conveys an analyst’s belief that the stock is likely to perform in line with a market index.
- Sell/Underweight/Underperform - Any of these ratings suggest that an analyst believes the stock is likely to underperform a market index.
When an analyst upgrades a stock, they are signaling that the company’s fundamentals are being undervalued by investors. It could also mean they believe the market is underestimating the company’s potential. The opposite is true when a stock receives a downgrade.
The average rating of each individual analyst’s rating is the consensus rating for a stock. This gives investors a broader sense of the overall sentiment for that stock.
| Date | Analyst | Prior | Latest Recommendation |
Action |
|---|---|---|---|---|
| 2023-10-27 | TD SECURITIES | Hold | Hold | Maintains |
| 2023-10-26 | PARADIGM CAPITAL | Hold | Buy | Upgrade |
| 2023-10-26 | CIBC CAPITAL MARKETS | Neutral | Neutral | Maintains |
| 2023-10-26 | ATB CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2023-10-24 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2023-10-06 | CIBC CAPITAL MARKETS | Neutral | Neutral | Maintains |
| 2023-08-29 | DESJARDINS SECURITIES | Buy | Buy | Maintains |
| 2023-08-28 | DESJARDINS SECURITIES | Buy | Buy | Maintains |
| 2023-07-28 | IA CAPITAL MARKETS | Buy | Buy | Maintains |
| 2023-07-28 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2023-07-27 | IA CAPITAL MARKETS | Buy | Buy | Maintains |
| 2023-07-27 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2023-07-27 | LAURENTIAN BANK SECURITIES | Buy | Buy | Maintains |
| 2023-07-27 | TD SECURITIES | Hold | Hold | Maintains |
| 2023-07-26 | LAURENTIAN BANK SECURITIES | Buy | Buy | Maintains |
| 2023-07-26 | TD SECURITIES | Hold | Hold | Maintains |
| 2023-07-26 | ATB CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2023-07-26 | STIFEL CANADA | Hold | Hold | Maintains |
| 2023-07-25 | ATB CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2023-07-25 | STIFEL CANADA | Hold | Hold | Maintains |
| 2023-06-06 | DESJARDINS SECURITIES | Hold | Buy | Upgrade |
| 2023-06-05 | DESJARDINS SECURITIES | Hold | Buy | Upgrade |
| 2023-05-30 | LAURENTIAN BANK SECURITIES | Hold | Buy | Upgrade |
| 2023-05-29 | LAURENTIAN BANK SECURITIES | Hold | Buy | Upgrade |
| 2023-05-12 | IA CAPITAL MARKETS | Hold | Buy | Upgrade |
| 2023-05-12 | RAYMOND JAMES LTD. | Strong Buy | Outperform | Downgrade |
| 2023-05-11 | IA CAPITAL MARKETS | Hold | Buy | Upgrade |
| 2023-05-11 | RAYMOND JAMES LTD. | Strong Buy | Outperform | Downgrade |
| 2023-04-27 | STIFEL CANADA | Buy | Hold | Downgrade |
| 2023-04-26 | STIFEL CANADA | Buy | Hold | Downgrade |
| 2023-04-26 | TD SECURITIES | Buy | Hold | Downgrade |
| 2023-04-25 | TD SECURITIES | Buy | Hold | Downgrade |
| 2023-04-25 | ATB CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2023-04-24 | ATB CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2023-04-12 | RAYMOND JAMES LTD. | Strong Buy | Outperform | Downgrade |
| 2023-04-11 | DESJARDINS SECURITIES | Hold | Buy | Upgrade |
| 2023-03-23 | LAURENTIAN BANK SECURITIES | Hold | Buy | Upgrade |
| 2023-03-16 | TD SECURITIES | Buy | Hold | Downgrade |
| 2023-03-16 | IA CAPITAL MARKETS | Hold | Buy | Upgrade |
| 2023-03-15 | ATB CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2023-12-19 | DESJARDINS SECURITIES | Buy | Buy | Maintains |
| 2023-12-15 | LAURENTIAN BANK SECURITIES | Buy | Buy | Maintains |
| 2023-12-14 | STIFEL CANADA | Hold | Hold | Maintains |
| 2023-03-15 | STIFEL CANADA | Buy | Hold | Downgrade |
| 2023-03-02 | PARADIGM CAPITAL | Buy | Hold | Downgrade |
| 2023-03-01 | PARADIGM CAPITAL | Buy | Hold | Downgrade |
| 2023-03-01 | LAURENTIAN BANK SECURITIES | Buy | Hold | Downgrade |
| 2023-02-28 | LAURENTIAN BANK SECURITIES | Buy | Hold | Downgrade |
| 2023-02-28 | DESJARDINS SECURITIES | Buy | Hold | Downgrade |
| 2023-02-27 | DESJARDINS SECURITIES | Buy | Hold | Downgrade |
| 2023-01-25 | IA CAPITAL MARKETS | Buy | Hold | Downgrade |
| 2023-01-24 | IA CAPITAL MARKETS | Buy | Hold | Downgrade |
| 2023-01-15 | CIBC CAPITAL MARKETS | Outperform | Neutral | Downgrade |
| 2023-01-14 | CIBC CAPITAL MARKETS | Outperform | Neutral | Downgrade |
| 2022-08-02 | Stifel Nicolaus Research | 14 | 11 | Downgrade |
| 2022-08-02 | ATB Capital | 18.25 | 14 | Downgrade |
| 2022-07-29 | TD SECURITIES | Buy | Buy | Maintains |
| 2022-07-29 | ATB CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2022-07-28 | TD SECURITIES | Buy | Buy | Maintains |
| 2022-07-28 | ATB CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2022-07-28 | DESJARDINS SECURITIES | Buy | Buy | Maintains |
| 2022-07-27 | DESJARDINS SECURITIES | Buy | Buy | Maintains |
| 2022-07-21 | LAURENTIAN BANK SECURITIES | Hold | Buy | Upgrade |
| 2022-07-20 | LAURENTIAN BANK SECURITIES | Hold | Buy | Upgrade |
| 2022-07-05 | IA CAPITAL MARKETS | Buy | Buy | Maintains |
| 2022-07-04 | IA CAPITAL MARKETS | Buy | Buy | Maintains |
| 2022-04-29 | Raymond James Capital | Outperform | Initiate | |
| 2022-04-28 | PARADIGM CAPITAL | Buy | Buy | Maintains |
| 2022-04-27 | PARADIGM CAPITAL | Buy | Buy | Maintains |
| 2022-04-21 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2022-04-20 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2022-03-14 | LAURENTIAN BANK SECURITIES | Buy | Hold | Downgrade |
| 2022-03-13 | LAURENTIAN BANK SECURITIES | Buy | Hold | Downgrade |
| 2022-03-03 | STIFEL CANADA | Buy | Buy | Maintains |
| 2022-03-02 | STIFEL CANADA | Buy | Buy | Maintains |
| 2022-02-24 | Raymond James Capital | Outperform | Initiate | |
| 2022-01-14 | CIBC Capital Markets | Outperform | Maintains | |
| 2022-01-04 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2022-01-03 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2021-10-28 | LAURENTIAN BANK SECURITIES | Buy | Buy | Maintains |
| 2021-10-27 | LAURENTIAN BANK SECURITIES | Buy | Buy | Maintains |
| 2021-10-19 | CIBC World Markets | Outperform | Maintains | |
| 2021-07-26 | RBC Capital | Sector Perform | Maintains | |
| 2021-07-23 | RAYMOND JAMES LTD. | Strong Buy | Strong Buy | Maintains |
| 2021-07-22 | RAYMOND JAMES LTD. | Strong Buy | Strong Buy | Maintains |
| 2021-07-14 | RBC Capital | Sector Perform | Maintains | |
| 2021-07-06 | Raymond James Financial | Strong-Buy | Initiate | |
| 2021-06-24 | RBC Capital | Sector Perform | Maintains | |
| 2021-04-26 | Raymond James Financial | Strong Buy | Initiate | |
| 2021-04-26 | CIBC World Markets | Outperform | Maintains | |
| 2021-04-26 | RBC Capital | Sector Perform | Maintains | |
| 2021-04-12 | Raymond James Financial | Strong Buy | Initiate | |
| 2021-03-01 | RBC Capital | Outperform | Initiate | |
| 2020-11-20 | BMO Capital Markets | Market Perform | Initiate | |
| 2020-07-07 | Laurentian Bank | Buy | Initiate | |
| 2020-04-27 | Raymond James Financial | Strong-Buy | Initiate | |
| 2020-03-31 | TD Securities | 23 | 19.5 | Downgrade |
| 2020-01-13 | Canaccord Genuity | 27 | 26 | Downgrade |
| 2019-11-04 | Raymond James Financial | Strong-Buy | Initiate | |
| 2019-07-30 | CIBC World Markets | 23 | 24 | Upgrade |
| 2019-07-29 | RBC Capital | 20 | 22 | Upgrade |
| 2019-07-26 | Raymond James Financial | Strong-Buy | Initiate | |
| 2019-04-26 | Raymond James Financial | Strong-Buy | Initiate | |
| 2019-03-25 | National Bank Financial | 21.5 | 24 | Upgrade |
| 2019-03-07 | Canaccord Genuity | 24 | 25 | Upgrade |
| 2019-03-06 | Raymond James Financial | Strong-Buy | Initiate | |
| 2019-01-15 | CIBC World Markets | 21 | 23 | Upgrade |
| 2018-12-18 | Canaccord Genuity | 23 | 24 | Upgrade |
| 2018-10-29 | Altacorp Capital | Sector Perform | Outperform | Upgrade |
| 2018-10-29 | Desjardins Securities | 21 | 22 | Upgrade |
| 2018-10-29 | CIBC World Markets | 20 | 21 | Upgrade |
| 2018-10-26 | Industrial Alliance Securities | Buy | Strong-Buy | Upgrade |
| 2018-10-04 | Canaccord Genuity | 22 | 23 | Upgrade |
| 2018-10-04 | Industrial Alliance Securities | 18.5 | 19.5 | Upgrade |
| 2018-09-28 | National Bank Financial | Outperform | Initiate | |
| 2018-07-30 | Altacorp Capital | Underperform | Sector Perform | Upgrade |
| 2018-07-05 | CIBC World Markets | Neutral | Outperform | Upgrade |
| 2018-06-15 | Industrial Alliance Securities | Hold | Buy | Upgrade |
| 2018-06-13 | Raymond James Financial | Outperform | Strong-Buy | Upgrade |
| 2018-05-25 | National Bank Financial | Tender | Outperform | Upgrade |
| 2018-05-25 | Raymond James Financial | Market Perform | Outperform | Upgrade |
| 2018-05-24 | Desjardins Securities | Buy | Reiterate | |
| 2018-05-24 | Canaccord Genuity | 20.37 | 22 | Upgrade |
| 2018-05-24 | CIBC World Markets | 20.37 | 20 | Downgrade |
| 2018-05-24 | Industrial Alliance Securities | Tender | Hold | Upgrade |
| 2017-10-29 | National Bank Financial | Sector Perform | Tender | Downgrade |
| 2017-10-27 | Raymond James Financial | Outperform | Market Perform | Downgrade |
| 2017-10-27 | CIBC World Markets | Outperform | Neutral | Downgrade |
| 2017-10-27 | Desjardins Securities | 19 | 20.37 | Upgrade |
| 2017-10-27 | Industrial Alliance Securities | Strong-Buy | Tender | Downgrade |
| 2017-10-23 | RBC Capital | Sector Perform | Reiterate | |
| 2017-10-23 | National Bank Financial | Outperform | Sector Perform | Downgrade |
| 2017-03-09 | RBC Capital | Sector Perform | Maintains | |
| 2017-01-18 | CIBC World Markets | Neutral | Outperform | Maintains |
| 2016-11-03 | Desjardins Securities | Buy | Maintains | |
| 2016-11-03 | RBC Capital | Sector Perform | Maintains | |
| 2016-08-08 | TD Securities | Buy | Maintains | |
| 2016-08-08 | Sbank | Outperform | Maintains | |
| 2016-08-08 | Paradigm Capital | Buy | Maintains | |
| 2016-08-04 | Desjardins Securities | Buy | Maintains | |
| 2016-05-02 | National Bank Financial | Outperform | Sector Perform | Downgrade |
| 2016-04-12 | Altacorp Capital | Outperform | Maintains | |
| 2016-03-03 | Sbank | Outperform | Maintains | |
| 2016-03-03 | BMO Capital Markets | At Market Perform | Maintains | |
| 2016-03-03 | RBC Capital | Outperform | Maintains | |
| 2016-03-03 | CIBC World Markets | Sector Performer | Maintains | |
| 2015-11-13 | Sbank | Outperform | Maintains | |
| 2015-03-06 | BMO Capital Markets | Outperform | At Market Perform | Maintains |
| 2015-02-18 | CIBC World Markets | Sector Outperform | Maintains | |
| 2015-01-20 | Canaccord Genuity | Buy | Maintains | |
| 2014-11-20 | RBC Capital | Outperform | Maintains | |
| 2014-11-13 | Desjardins Securities | Buy | Maintains | |
| 2014-11-13 | BMO Capital Markets | Outperform | Maintains | |
| 2014-11-13 | RBC Capital | Outperform | Maintains | |
| 2014-11-13 | Raymond James Financial | Outperform | Maintains | |
| 2014-11-12 | CIBC World Markets | Sector Outperform | Maintains | |
| 2014-11-11 | Canaccord Genuity | Buy | Maintains | |
| 2014-08-13 | Paradigm Capital | Buy | Maintains | |
| 2014-08-13 | Canaccord Genuity | Buy | Maintains | |
| 2014-07-17 | National Bank Financial | Outperform | Initiate | |
| 2014-05-12 | TD Securities | Buy | Maintains | |
| 2014-04-14 | Dundee Securities | Buy | Maintains | |
| 2014-04-04 | RBC Capital | Outperform | Initiate | |
| 2014-03-13 | TD Securities | Buy | Maintains | |
| 2014-03-13 | Paradigm Capital | Buy | Maintains | |
| 2014-03-13 | Canaccord Genuity | Buy | Maintains | |
| 2014-01-14 | Dundee Securities | Buy | Maintains | |
| 2013-11-06 | TD Securities | Buy | Maintains | |
| 2013-08-15 | BMO Capital Markets | Outperform | Maintains | |
| 2013-08-14 | Raymond James Financial | Strong Buy | Maintains | |
| 2013-05-09 | Raymond James Financial | Strong Buy | Maintains | |
| 2013-04-17 | Canaccord Genuity | Hold | Maintains | |
| 2013-03-13 | Desjardins Securities | Buy | Maintains | |
| 2024-08-06 | DESJARDINS SECURITIES | Buy | Buy | Maintains |
| 2024-07-25 | TD COWEN | Hold | Hold | Maintains |
| 2024-07-24 | CIBC CAPITAL MARKETS | Neutral | Outperform | Upgrade |
| 2024-07-24 | ATB CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2024-07-22 | STIFEL CANADA | Hold | Hold | Maintains |
| 2024-07-01 | PARADIGM CAPITAL | Hold | Buy | Upgrade |
| 2024-04-24 | PARADIGM CAPITAL | Buy | Hold | Downgrade |
| 2024-04-24 | LAURENTIAN BANK SECURITIES | Buy | Buy | Maintains |
| 2024-03-07 | TD SECURITIES | Hold | Hold | Maintains |
| 2023-12-18 | DESJARDINS SECURITIES | Buy | Buy | Maintains |
| 2023-12-14 | LAURENTIAN BANK SECURITIES | Buy | Buy | Maintains |
| 2023-12-13 | STIFEL CANADA | Hold | Hold | Maintains |
| 2023-10-26 | TD SECURITIES | Hold | Hold | Maintains |
| 2023-10-25 | PARADIGM CAPITAL | Hold | Buy | Upgrade |
| 2023-10-25 | CIBC CAPITAL MARKETS | Neutral | Neutral | Maintains |
| 2023-10-25 | ATB CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2023-10-23 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2023-10-05 | CIBC CAPITAL MARKETS | Neutral | Neutral | Maintains |
| 2025-03-27 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2025-03-19 | STIFEL CANADA | Buy | Hold | Downgrade |
| 2025-03-16 | ATB CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2025-03-06 | TD COWEN | Hold | Buy | Upgrade |
| 2025-03-06 | PARADIGM CAPITAL | Buy | Buy | Maintains |
| 2025-03-05 | CANACCORD GENUITY | Buy | Buy | Maintains |
| 2025-03-04 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2025-03-04 | STIFEL CANADA | Buy | Buy | Maintains |
| 2025-03-04 | DESJARDINS SECURITIES | Buy | Buy | Maintains |
| 2024-12-22 | CANACCORD GENUITY | Buy | Buy | Maintains |
| 2024-12-16 | DESJARDINS SECURITIES | Buy | Buy | Maintains |
| 2024-12-12 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2024-12-08 | ATB CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2024-11-02 | PARADIGM CAPITAL | Buy | Buy | Maintains |
| 2024-11-02 | STIFEL CANADA | Hold | Buy | Upgrade |
| 2024-10-30 | TD COWEN | Hold | Hold | Maintains |
| 2024-10-30 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2025-06-08 | DESJARDINS SECURITIES | Buy | Buy | Maintains |
| 2025-04-25 | CANACCORD GENUITY | Buy | Buy | Maintains |
| 2025-04-24 | TD COWEN | Buy | Buy | Maintains |
| 2025-04-24 | PARADIGM CAPITAL | Buy | Buy | Maintains |
| 2025-04-23 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2025-07-16 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2025-07-09 | STIFEL CANADA | Hold | Hold | Maintains |
| 2025-07-06 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2025-06-08 | ATB CAPITAL MARKETS | Outperform | Outperform | Maintains |
