Aecom (ACM, Financial) has secured a significant role on Network Rail's Asset Protection and Optimisation (ASPRO) support services framework for the North West & Central region. This framework, lasting three years with an option for a two-year extension, involves Aecom collaborating with three ASPRO teams in the area. Their mission is to minimize risks to the railway during projects conducted by third-party and external organizations on or near infrastructure owned or operated by Network Rail.
With an established history spanning 18 years in providing asset protection services to Network Rail, Aecom continues to build on its expertise. The company will engage with key stakeholders, such as local authorities, train operators, and freight companies, under this new agreement. Aecom's efforts will be bolstered by the support of SLC throughout the framework's duration.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 10 analysts, the average target price for AECOM (ACM, Financial) is $119.25 with a high estimate of $140.00 and a low estimate of $106.50. The average target implies an upside of 29.27% from the current price of $92.25. More detailed estimate data can be found on the AECOM (ACM) Forecast page.
Based on the consensus recommendation from 13 brokerage firms, AECOM's (ACM, Financial) average brokerage recommendation is currently 1.8, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for AECOM (ACM, Financial) in one year is $113.63, suggesting a upside of 23.18% from the current price of $92.25. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the AECOM (ACM) Summary page.
