AECOM Soars 1.13% to 6-Day High on Analyst Upgrade

AECOM(ACM)涨1.13%，连涨6天，近6日涨6.68%。The share price rose to its highest level since February 2025 today, with an intraday gain of 1.43%.

The strategy of buying ACM shares after they reached a recent high and holding for 1 week yielded moderate returns over the past 5 years. The annualized return was 21.77%, slightly underperforming the market by 0.23 percentage points. With a final value of $479.48 for a $100 initial investment, the strategy showed the impact of compounded returns over 5 years, highlighting the importance of timing and holding periods in achieving investment goals.

AECOM's stock has been on an upward trajectory over the past four weeks, with a 12% increase. This positive momentum is supported by a Zacks Rank #2 (Buy) rating, indicating strong investor sentiment and potential for further growth.

On May 7, 2025, analysts at the Royal Bank of Canada raised AECOM's price target from $123.00 to $126.00, maintaining an "outperform" rating. This adjustment reflects a favorable outlook from financial analysts, who see continued potential in the company's performance.