Aecom Technology (NYSE:ACM) Rating
In a research note published on today, Argus reconfirmed their “Buy” rating on Aecom Technology (NYSE:ACM)’s stock. The target means a potential upside of 22.62% from firm’s last stock close.
Out of 4 analysts covering Aecom Technology (NYSE:ACM), 4 rate it “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $38 is the highest target while $34 is the lowest. The $35 average target is 13.27% above today’s ($30.9) stock price. Aecom Technology was the topic in 7 analyst reports since August 12, 2015 according to StockzIntelligence Inc. Citigroup initiated the stock on November 13 with “Buy” rating.
About 21,367 shares traded hands. Aecom (NYSE:ACM) has declined 4.88% since April 21, 2015 and is downtrending. It has underperformed by 4.49% the S&P500.
AECOM is a provider of professional technical and management support services for commercial and government clients around the world. The company has a market cap of $4.66 billion. The Firm provides planning, consulting, architectural and engineering design, and program and construction management services for a range of projects, including highways, airports, bridges, mass transit systems, government and commercial buildings, water and wastewater facilities, and power transmission and distribution. It currently has negative earnings. The Firm also provides program and facilities management and maintenance, training, logistics, security and other support services, primarily for agencies of the United States government.
According to Zacks Investment Research, “AECOM Technology Corporation is a global provider of professional technical and management support services to a broad range of markets, including transportation, facilities, environmental and energy. Its Professional Technical segment delivers planning, consulting, architectural and engineering design, and program and construction management services. This segment provides its services for a range of projects, including highways, airports, bridges, mass transit systems, government and commercial buildings, and water and wastewater facilities, as well as for power transmission and distribution. The company’s Management Support Services segment offers facilities management and maintenance, training, logistics, consulting, technical assistance, and systems integration services primarily for the agencies of the United States government. AECOM Technology Corporation, formerly known as Ashland Technology Corporation, is based in Los Angeles, California.” Get a free copy of the Zacks research report on Aecom (ACM)
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