Aecom Drives 'Higher Returns At Lower Risk,' Says Bullish Analyst
Aecom Drives 'Higher Returns At Lower Risk,' Says Bullish Analyst
Aecom (NYSE:ACM) shares are trading up Friday, after gaining around 5% during the week.
AECOM（紐交所：ACM）股票星期五上漲，本週上漲了約5%。
The company "high-graded its portfolio" by increasingly focusing on larger and more complex design projects, where it has the greatest competitive advantage, and is moving further towards program management and advisory, according to Goldman Sachs.
根據高盛的報告，該公司通過越來越專注於更大和更復雜的設計項目來「提升其投資組合」，在這些領域中擁有最大的競爭優勢，並進一步朝着項目管理和顧問服務的方向發展。
Analyst Adam Bubes initiated coverage of Aecom with a Buy rating and price target of $130.
分析師亞當·布比斯對AECOM進行了買入評級，目標價爲130美元。
The Aecom Thesis: Engineering News-Record's market data shows that the company has industry-leading design market share in its largest end markets, Bubes said in the initiation note.
AECOM的論點：工程新聞記錄的市場數據表明，該公司在其最大的終端市場中具有行業領先的設計市場份額，布比斯在啓動報告中提到。
Check out other analyst stock ratings.
查看其他分析師的股票評級。
Bubes noted that Aecom secured the second-highest position in program management, increasing its market share from 6.6% of the top 50 program managers since 2021 to around 11% today.
布比斯指出，AECOM在項目管理中獲得了第二高的地位，自2021年以來，其在前50名項目經理中的市場份額從6.6%提升至今天約11%。
"We forecast a 6% total company organic growth CAGR through 2027 driven by AECOM's accelerating win rates, double-digit program management and advisory growth, and solid underlying end market trends," the analyst wrote.
分析師寫道：「我們預測到2027年，公司的整體有機增長年均增長率爲6%，這得益於AECOM的勝出率加速、項目管理和顧問服務的兩位數增長，以及堅實的基礎終端市場趨勢。」
Since 2020, Aecom has "divested its self-perform at-risk construction businesses, exited low return countries, and shifted resources to larger and more complex projects," Bubes said. The company's high-graded portfolio is now "driving higher returns at lower risk," he added.
布比斯提到，自2020年以來，AECOM「已剝離其承接風險的施工業務，退出低迴報國家，並將資源轉向更大和更復雜的項目」。該公司的高評級投資組合現在「在降低風險的同時推動更高的回報」，他補充道。
ACM Price Action: Shares of Aecom were up 2.62% at $115.51 at the time of publication on Friday.
ACm價格走勢：在發佈時，AECOM的股票在週五上漲了2.62%，達到115.51美元。
Read More:
• Aecom Reports Q4 Results, Joins Incyte And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session
閱讀更多：
• AECOM發佈第四季度業績，和因塞特及其他大股票在週二的盤前交易中走低。
Photo: Shutterstock
Photo: shutterstock
譯文內容由第三人軟體翻譯。
