TSE:ARE

Aecon Group Inc (ARE.TO)

49.50
-0.33 (0.66%)
as of Jul 8, 2026, 8:00:00 pm Market Open.
427 watching
0
Investor Insights
star iconJul 8, 2026, 12:00 am

This summary was created by AI, based on 18 opinions in the last 12 months.

Aecon Group Inc (ARE-T) is poised to benefit from the significant infrastructure investment in Canada, with a record backlog reaching over $10.9 billion. Analysts note the shift from riskier fixed-price contracts to more sustainable variable-price contracts, enhancing cash flow stability. While the stock has shown substantial growth recently, with many experts indicating it is currently overbought, there are concerns about short-term volatility. The company's exposure to nuclear projects and ongoing expansion in infrastructure signals promising future growth, despite mixed views on its current valuation. Overall, investors should be cautiously optimistic as Aecon navigates through a challenging construction landscape.

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Consensus
Hold
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Valuation
Fair Value
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Similar
WSP
BUY
Infrastructure has been ignored for too long and governments are starting to address this issue. A lot of money will be thrown at it over the next number of years. Companies that can be looked at would include SNC Lavalin (SNC-T), Aecon (ARE-T) and on a global basis Royal Boskalis on the Amsterdam exchange.
COMMENT
Long-term outlook is very strong. Have a very large backlog of business. Prefers Bird Construction (BDT.UN-T)
BUY
One of two major construction companies (SNC Lavalin SNC-T) in Canada.
DON'T BUY
This kind of stock used to trade at 3 to 5 times earnings. Now they are at 15X or more. He feels this is a bit too expensive.
PAST TOP PICK
(A Top Pick Dec 14/07. Down 23%.) Briefly traded higher. The industry group is holding up on a relative strength basis. Currently in a holding pattern. Coming out with earnings in May 7th and will look at it at that time.
BUY
An infrastructure company so he likes it very much. Long-term trend is clearly on the upside. Has recently formed a nice base pattern at around $15 as well as an intermediate upward trend. Very strong earnings picture.
BUY
An infrastructure development company. Is valued at a reasonable fashion.
BUY
Likes as the infrastructure theme, especially out West, is a big, big winner.
HOLD
These guys are good. Thinks there might be better opportunities in some of the other REITs. Expect it to move up in the short-term. A lot of speculation on when Highway 417 is going to be sold. Have a large amount of institutional business. Thinks the current price is safe.
DON'T BUY
An infrastructure play and the company will do well. The stock cannot do as well because the multiple has risen to full valuation. He owns the bonds.
TOP PICK
Infrastructure play with emphasis in Alberta on the oil sands side. Chart shows good consolidation followed by rises. It may consolidate here but longer-term it looks quite exciting. Also has good fundamental background.
TOP PICK
(A Top Pick June 26/07. Up 59.1%.) A name you can put away and not worry about currency or US economy. Lack of infrastructure over the last 10 years is a strong undercurrent for this company. Margins look very strong.
HOLD
Well managed, infrastructure is okay, new projects on the way and the stock is priced well.
BUY
A great little infrastructure play, but a little overvalued. Would probably buy. Good for retail investor as it is very thinly traded.
BUY
Have done a very good job of capitalizing on getting into more and more different kinds of businesses. Would be an interesting way to play the infrastructure in Canada.
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