Aecon Group (ARE) Stock Forecast & Price Target

C$19.04 +0.70 (+3.82%)

As of 04:00 PM Eastern

Aecon Group - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Buy

Based on 12 Analyst Ratings

Sell
0

Hold
2

Buy
10

Based on 12 Wall Street analysts who have issued ratings for Aecon Group in the last 12 months, the stock has a consensus rating of "Buy." Out of the 12 analysts, 2 have given a hold rating, 8 have given a buy rating, and 2 have given a strong buy rating for ARE.

Consensus Price Target

C$22.90
20.27% Upside

According to the 12 analysts' twelve-month price targets for Aecon Group, the average price target is C$22.90. The highest price target for ARE is C$33.00, while the lowest price target for ARE is C$14.00. The average price target represents a forecasted upside of 20.27% from the current price of C$19.04.

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ARE Analyst Ratings Over Time

Type	Current Forecast 5/22/24 to 5/22/25	1 Month Ago 4/22/24 to 4/22/25	3 Months Ago 2/22/24 to 2/21/25	1 Year Ago 5/23/23 to 5/22/24
Strong Buy	2 Strong Buy rating(s)	2 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	8 Buy rating(s)	8 Buy rating(s)	6 Buy rating(s)	6 Buy rating(s)
Hold	2 Hold rating(s)	3 Hold rating(s)	6 Hold rating(s)	6 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	C$22.90	C$25.07	C$27.35	C$19.17
Forecasted Upside	20.27% Upside	46.88% Upside	17.87% Upside	14.32% Upside
Consensus Rating	Buy	Moderate Buy	Moderate Buy	Moderate Buy

ARE Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

ARE Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Aecon Group Stock vs. The Competition

Type	Aecon Group	Industrials Companies
Consensus Rating Score	3.00	2.66
Consensus Rating	Buy	Moderate Buy
News Sentiment Rating	Neutral News See Recent ARE News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
4/28/2025	Raymond James 4 of 5 stars	F. Bastien Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		C$23.00 ➝ C$21.00	+34.19%
4/25/2025	TD Securities 4 of 5 stars	M. Tupholme Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy	C$23.00 ➝ C$20.00	+27.88%
4/25/2025	BMO Capital Markets 4 of 5 stars		Lower Target		C$20.00 ➝ C$19.00	+21.48%
4/25/2025	CIBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$31.00 ➝ C$24.00	+53.45%
4/25/2025	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$18.00 ➝ C$17.00	+8.70%
4/25/2025	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$16.00 ➝ C$14.00	-10.49%
4/17/2025	Stifel Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	I. Gillies Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Strong-Buy
3/10/2025	National Bankshares Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Sector Perform ➝ Outperform
3/9/2025	National Bank Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Sytchev Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Strong-Buy
3/7/2025	Desjardins Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy	C$32.00 ➝ C$29.00	+59.08%
Get the Latest News and Ratings for ARE and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Aecon Group and its competitors with MarketBeat's FREE daily newsletter.
11/4/2024	Canaccord Genuity Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$28.00 ➝ C$33.00	+16.98%
9/16/2024	ATB Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	C$21.00 ➝ C$29.00	+47.66%
4/26/2024	Paradigm Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold	C$14.00 ➝ C$17.80	+4.58%
7/28/2023	Industrial Alliance Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy	C$18.00 ➝ C$16.00	+47.47%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 05:15 PM ET.

ARE Forecast - Frequently Asked Questions

: According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for Aecon Group is C$22.90, with a high forecast of C$33.00 and a low forecast of C$14.00.
: 12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Aecon Group in the last twelve months. There are currently 2 hold ratings, 8 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ARE shares.
: According to analysts, Aecon Group's stock has a predicted upside of 20.27% based on their 12-month stock forecasts.
: Over the previous 90 days, Aecon Group's stock had 4 upgrades and 2 downgrades by analysts.
: Aecon Group has been rated by research analysts at BMO Capital Markets, CIBC, Desjardins, National Bank Financial, National Bankshares, Raymond James, Royal Bank of Canada, Stifel Canada, Stifel Nicolaus, and TD Securities in the past 90 days.
: Analysts like Aecon Group more than other "industrials" companies. The consensus rating for Aecon Group is Buy while the average consensus rating for "industrials" companies is Moderate Buy. Learn more on how ARE compares to other companies.

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This page (TSE:ARE) was last updated on 5/22/2025 by MarketBeat.com Staff

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Aecon Group (ARE) Stock Forecast & Price Target