AECOM (ACM) : 4 brokerage houses believe that AECOM (ACM) is a Strong Buy at current levels. 5 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on AECOM (ACM). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 9 Wall Street Analysts endorse the stock as a Buy with a rating of 2.11.
AECOM (ACM) : Average target price received by AECOM (ACM) is $36.25 with an expected standard deviation of $3.81. The most aggressive target on the stock is $41, whereas the most downbeat target is $31. 8 financial analysts are currently covering the stock.
For the current week, the company shares have a recommendation consensus of Buy. AECOM (NYSE:ACM): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $34.78 and $34.78 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $35.51. The buying momentum continued till the end and the stock did not give up its gains. It closed at $35.11, notching a gain of 1.01% for the day. The total traded volume was 3,527,942 . The stock had closed at $34.76 on the previous day.
In a related news,The director officer (Vice Chairman) of Aecom, Tishman Daniel R. sold 30,000 shares at $35.2 on August 1, 2016. The Insider selling transaction had a total value worth of $1,056,000. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
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.