Analyst Price Target Update on AECOM (NYSE:ACM)

AECOM (NYSE:ACM) should head towards $34.67 per share according to 9 Analysts in consensus. However, if the road gets shaky, the stock may fall short to $30 per share. The higher price estimate target is at $41 according to the Analysts.

Many analysts have stated their opinion on the company shares. Canaccord Genuity initiates coverage on AECOM (NYSE:ACM). The current rating of the shares is Hold, according to the research report released by the firm. The brokerage firm announces the price target at $31 per share. The rating by the firm was issued on April 11, 2016. For the current week, the company shares have a recommendation consensus of Buy.

On the companys insider trading activities,The officer (SVP, Controller) of Aecom, Osborne Ronald E sold 5,000 shares at $32 on April 26, 2016. The Insider selling transaction had a total value worth of $160,000. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

AECOM (NYSE:ACM) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.78 points or 2.38% at $31.96 with 1,475,177 shares getting traded. Post opening the session at $32.41, the shares hit an intraday low of $31.95 and an intraday high of $32.85 and the price was in this range throughout the day. The company has a market cap of $4,902 million and the number of outstanding shares have been calculated to be 153,366,730 shares. The 52-week high of AECOM (NYSE:ACM) is $35.4 and the 52-week low is $22.8.

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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