Risk factor
Considerable default risk
Profitability factor
Solid dividends
About
Aecon Group Inc., alongside its subsidiaries, delivers a comprehensive array of construction and infrastructure development services to both private and public sector clients across Canada, the United States, and globally. The company operates through two primary divisions: Construction and Concessions. Within its Construction segment, Aecon primarily targets vital areas such as civil infrastructure projects, urban transit systems, nuclear energy facilities, general utility networks, and conventional industrial frameworks. The Concessions segment, conversely, specializes in managing construction ventures through their entire lifecycle, encompassing development, building, financing, and ongoing operations, often structured as public-private partnerships (PPPs). Established in 1877 and headquartered in Toronto, Canada, the firm was originally known as Prefac Concrete Co. Ltd. before rebranding as Aecon Group Inc. in June 2001.
Company Valuation
From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks. In particular, the stock is overpriced on P/E, of fair value on EV/
Target Price
The average target price of ARE.TO is 59.9 and suggests 24.2% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to in