Aecom Tech (ACM) Rating Change
Aecom Tech (ACM)’s Neutral rating is no longer valid. The firm rating was boosted by stock research analysts at Robert W. Baird to Outperform. They have a target of $45.0 on ACM.
Despite the rating upgrade ACM is currently trading 0.00% lower at $0.00 as of 12:05 AM New York time. Aecom Tech shares have [From2] 0% over the past 200 days, while the S&P500 Index has surged 6.00% in the same time.
Out of 15 analysts covering Aecom Tech, 9 rate it a Buy, 5 indicate a Hold while 0 suggest a Sell. The highest target is $41 and the lowest is $26 according to Thomson/First Call. The 12-month mean target is $32.53, which means upside potential of ∞% over the current price.
Poplar Forest Capital Llc had the most significant stake with ownership of 1.48 million shares as of Q2 2015 for 3.78% of the stock exposure. Selz Capital Llc is another notably bullish institutional investor who is owning 450,000 shares of Aecom Tech or 3.12% of their stock exposure. Moreover, Steinberg Asset Management Llc have 3% of their stock exposure invested in the company for 374,065 shares. The New York-based fund New Mountain Vantage Advisers L.L.C. disclosed it had bought so far a stake worth about 2.91% of the institutional investor’s stock portfolio in Aecom Tech. The Pennsylvania-based fund S&T Bank Pa is also positive about the stock, possessing 1.67 million shares or 2.84% of their stock exposure.
Aecom Tech (ACM) closed at $0 yesterday. A total of shares of the company’s stock traded hands. This is down from average of shares. Aecom Tech has a 52 week low of $0.00 and a 52 week high of $0. The company has a market cap of $ and a P/E ratio of 0.
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The post Robert W. Baird Improves Aecom Tech (ACM) Rating to Outperform from Neutral Keeping $45.0 TP appeared first on Octafinance.