Fri Oct 04 06:30:53 UTC 2024: ## AECOM Stock Receives “Buy” Rating from Analysts, Price Target at $105
**New York, NY (October 4, 2024):** AECOM (NYSE:ACM), a leading global infrastructure consulting firm, has been awarded an average “Buy” rating by seven analysts covering the stock, according to MarketBeat Ratings. The average 12-month price target among these analysts is $105.00.
Several research reports have highlighted AECOM’s positive outlook. Truist Financial reaffirmed their “Buy” rating and raised their price target to $108.00, while KeyCorp increased their target to $99.00 and labeled the stock “Overweight.” Citigroup maintained a “Buy” rating but lowered their price target to $104.00.
AECOM reported strong quarterly earnings results on August 5th, exceeding analysts’ expectations with $1.16 EPS, compared to an estimated $1.12. Revenue reached $4.15 billion, surpassing the projected $1.85 billion. The company also declared a quarterly dividend of $0.22 per share, payable on October 18th.
AECOM operates in three segments: Americas, International, and AECOM Capital, providing planning, consulting, design, construction, program management, and investment services to public and private clients worldwide.
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