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Aecom Tech (NYSE:ACM) target price reduced to $38.00, reported today by Deutsche Bank

Only yesterday Aecom Tech (NYSE:ACM) traded 1.38% lower at $32.50. The company’s 50-day moving average is $32.97 and its two hundred day average is $31.92. The last stock price close is up 12.58% from the two hundred day average, compared to the S&P 500 Index which has fallen -0.01% over the date range. 1,192,226 shares of ACM traded hands, down from ann avg. volume of 1,214,600.

Aecom Tech (NYSE:ACM) had its price target reduced to $38 by Deutsche Bank in a report released Monday August 22 2016. The latest target price indicates a potential upside of 0.17% from the company’s last closing price.

On 4/12/2016, Canaccord Genuity released a statement about Aecom Tech(NYSE:ACM) bumped the target price from $0.00 to $31.00. At the time, this indicated a possible upside of 0.02%.

See Graphic Below:

Aecom Tech (NYSE:ACM)

A total of 15 brokerages have issued a research note on the company. Three analysts rate the company a strong buy, six firms rate the stock a buy, five analyts rate the stock a hold, 0 rate the company to underperform, and finally 0 brokeragesrate the company as sell with a 12-month target stock price of $32.53

With a market cap of $0.0, Aecom Tech has a 52 week low of $22.80 and a one-year high of $36.20 with a PE ratio of 49.

About Aecom Tech (NYSE:ACM)

AECOM, formerly AECOM Technology Corporation, designs, builds, finances and operates infrastructure assets for governments, businesses and organizations around the world. The Company provides program and facilities management and maintenance, training, logistics, consulting, technical assistance, and systems integration and information technology (IT) services. The Company operates through three segments: Design and Consulting Services (DCS), Construction Services (CS) and Management Services (MS). The DCS segment provides planning, consulting, architectural and engineering design, and program and construction management services to commercial and government clients across the world. Its CS segment provides construction, program and construction management services, including building construction and energy, infrastructure and industrial construction, primarily in the Americas. The Company, through its MS segment, and is a contractor to the United States Federal Government.

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