TSX:AREConstruction
Aecon Group (TSX:ARE) Could Be 25% Undervalued Following The GO Expansion Contract Win
Aecon Group (TSX:ARE) is back in focus after its ONxpress joint venture executed alliance contracts with Metrolinx for the multi billion dollar GO Expansion project in Ontario, adding new work to its construction backlog.
Despite the ONxpress contract win, Aecon Group’s share price has eased recently, with a 30 day share price return of down 6.28% and a 90 day share price return of down 6.98%. However, its year to date share price return of 34.49% and very large 3 year total shareholder...