AECOM (ACM) Receives Analyst Rating

AECOM (ACM) has an average broker rating of 2.25, which is interpreted as a Buy, as rated by 8 equity analysts. Nonetheless, 3 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 5 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

AECOM (ACM) : The highest level AECOM (ACM) is projected to reach is $38 for the short term and the lowest estimate is at $31. The consolidated price target from 7 rating analysts who initiate coverage on the stock is $35.43 and the possibility the share price can swing is $2.99.


AECOM (NYSE:ACM): After opening at $27.98, the stock dipped to an intraday low of $27.98 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $28.44 and the buying power remained strong till the end. The stock closed at $28.3 for the day, a gain of 0.78% for the day session. The total traded volume was 678,326. The stocks close on the previous trading day was $28.08.

AECOM is a provider of professional technical and management support services for commercial and government clients around the world. The Company 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. The Company also provides program and facilities management and maintenance, training, logistics, security and other support services, primarily for agencies of the United States government. It operates in two segments: Professional Technical Services and Management Support Services. Effective July 10, 2014, it acquired ACE International Consultants SL, a Madrid-based provider of consulting services. In July 2014, it acquired Hunt Construction Group, adding to AECOMs construction services business.

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