Analyst Views Mixed as Aecon Group Sees Higher Price Target and Improved Outlook

AN

AnalystConsensusTarget

AnalystConsensusTarget

Not Invested

Based on Analyst Price Targets

Published

23 Apr 25

Updated

21 Dec 25

Views

254

n/a

n/a

AnalystConsensusTarget's Fair Value

n/a

1Y

15.4%

7D

1.5%

Loading

1Y

15.4%

7D

1.5%

You can edit this narrative until Dec 22 6:03 AM. Then, changes will post as Updates.

Author's Valuation

CA$33.185.4% undervalued

AnalystConsensusTarget Fair Value

Shared on 21 Dec 25

Fair value Increased 0.27%

ARE: Record Backlog And New Contracts Will Support Steady Medium Term Earnings

Aecon Group's analyst price target has inched higher to C$30, up from a prior consensus closer to the mid C$20s. Analysts cite modestly stronger revenue growth expectations, a slightly lower perceived risk profile, and a marginally higher future earnings multiple, despite some recent rating downgrades.

Shared on 07 Dec 25

ARE: Record Backlog And New Contracts Will Support Steady Earnings Outlook

Analysts have increased their average price target on Aecon Group, reflecting recent raises from firms such as RBC Capital, CIBC, ATB Capital and Stifel. They point to improved margin expectations and a modestly lower perceived risk profile, which are reflected in our updated discount rate and profit margin assumptions.

Shared on 23 Nov 25

ARE: New Contracts And Record Backlog Will Drive Sustained Earnings Momentum

Aecon Group's average analyst price target has increased, with several analysts citing recent project wins and anticipated revenue growth as justification for raising their targets by C$4 to C$6 per share. Analyst Commentary Recent analyst activity around Aecon Group reveals a mix of optimism and caution, reflecting both the company's opportunities and the challenges it may face going forward.

Shared on 05 Nov 25

Fair value Increased 30%

ARE: Project Wins And Record Backlog Will Drive Upside Momentum Ahead

Aecon Group’s analyst price target has increased significantly from approximately $25.55 to $33.09, as analysts highlight stronger expected revenue growth and recent upward revisions from several research firms. Analyst Commentary Recent updates from street analysts highlight both optimism and caution surrounding Aecon Group's outlook.

Shared on 22 Oct 25

Fair value Increased 2.93%

Aecon Group's analyst price target has been raised from C$24.82 to C$25.55. This change reflects analysts' increased confidence in slightly higher revenue growth and improved profit margins.

Shared on 08 Oct 25

Fair value Increased 6.64%

Aecon Group's analyst price target has been raised from C$23.27 to C$24.82. This change reflects analysts' increased confidence due to slightly improved profit margin forecasts and a modestly lower discount rate.

Shared on 01 May 25

Fair value Increased 7.56%

AnalystConsensusTarget Fair Value

CA$33.18

5.4% undervalued

Future estimation in

Growth p.a.

Growth p.a.

%

Decrease

Increase

Current revenue growth rate

10.96%

Construction revenue growth rate

0.23%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

%

0

Decrease

Increase

Current discount rate

8.17%

Calculation

CA$244.56m

Earnings '28

x

10.99x

PE Ratio '28

=

CA$2.69b

Market Cap '28

CA$2.69b

Market Cap '28

/

64.67m

No. shares '28

=

CA$41.57

Share Price '28

CA$41.57 Share Price '28

Discounted to 2025 @ 8.17% p.a.

=

CA$32.84

Fair Value '25