The Globe and Mail reports in its Friday, Oct. 18, edition that Aecon Group is a top industrial pick for Stifel analyst Ian Gillies. The Globe's David Leeder writes in the Eye On Equities column that Mr. Gillies continues to rate Aecon "buy," with a Street-high $31 share target. Analysts on average target the shares at $22.81. Mr. Gillies says in a note: "We believe the level of uncertainty has reduced significantly following the resolution of CGL and the company quantifying an impact of $125-million for the remaining three legacy projects. In our view, Aecon can deliver revenue growth of MSD to HSD [mid to high single digits] given spending trends put forth by governments out to 2026 to 2027, on a normalized basis. Moreover, we believe the company can deliver adjusted EBITDA of at least $433-million (accounting EBITDA: $356-million) on a normalized basis. As a result, the significantly derisked earnings profile leads to our 'buy' rating." The Globe reported on Sept. 24 that Canaccord Genuity analyst Yuri Lynk was keeping his "buy" ranking on Aecon intact. It was then worth $20.32. The Globe reported on Oct. 4 that Mr. Gillies had reaffirmed his "buy" recommendation for Aecon. The shares could then be had for $21.89.