The Globe and Mail reports in its Tuesday, Oct. 7, edition that Stifel analyst Ian Gillies, in a research report released Monday titled The Goldilocks scenario persists, reaffirmed his "constructive" view on Canadian engineering and construction firms, believing "organic growth continues to be well-supported by government spending most OECD regions and AI-related spend." The Globe's David Leeder writes in the Eye On Equities column that Mr. Gillies, however, warns that "there are more pockets of weakness for private capex compared to last year due to trade tensions." Mr. Gillies has reaffirmed his "hold" recommendation for Aecon Group. His share target jumped $5 to $24. Analysts on average target the shares at $24.36. Mr. Gillies says in a note: "Slower organic growth profile than the peer group and margin uncertainty remains. We expect AUI to garner more attention in 2026 given excellent end-market exposure and potential M&A opportunities. We find the stock expensive at 8.2 times 2027E EV/EBITDA." The Globe reported on Sept. 25 that National Bank Financial analyst Maxim Sytchev had reaffirmed his "outperform" recommendation for Aecon Group. The shares could then be had for $22.54.