Grupo Aeroportuario del Centro Nort (OMAB) Given Average Recommendation of “Hold” by Brokerages

Grupo Aeroportuario del Centro Nort (NASDAQ:OMAB) has earned an average rating of “Hold” from the eight ratings firms that are presently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $46.05.

A number of equities analysts have recently issued reports on OMAB shares. BidaskClub lowered shares of Grupo Aeroportuario del Centro Nort from a “hold” rating to a “sell” rating in a research report on Wednesday, December 27th. Zacks Investment Research downgraded shares of Grupo Aeroportuario del Centro Nort from a “buy” rating to a “hold” rating in a research note on Saturday, October 21st. Finally, HSBC raised shares of Grupo Aeroportuario del Centro Nort from a “hold” rating to a “buy” rating in a research note on Wednesday, November 29th.

Shares of Grupo Aeroportuario del Centro Nort (OMAB) traded up $0.18 during mid-day trading on Friday, hitting $42.43. 63,192 shares of the stock were exchanged, compared to its average volume of 102,179. Grupo Aeroportuario del Centro Nort has a 12 month low of $33.67 and a 12 month high of $52.51. The firm has a market capitalization of $2,097.08, a price-to-earnings ratio of 18.94, a price-to-earnings-growth ratio of 6.40 and a beta of 0.96. The company has a debt-to-equity ratio of 0.69, a current ratio of 3.14 and a quick ratio of 3.14.

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Dimensional Fund Advisors LP raised its stake in shares of Grupo Aeroportuario del Centro Nort by 1.1% during the second quarter. Dimensional Fund Advisors LP now owns 5,847 shares of the transportation company’s stock worth $280,000 after buying an additional 62 shares during the last quarter. Franklin Resources Inc. raised its stake in shares of Grupo Aeroportuario del Centro Nort by 5.5% during the second quarter. Franklin Resources Inc. now owns 19,200 shares of the transportation company’s stock worth $925,000 after buying an additional 1,000 shares during the last quarter. Naples Global Advisors LLC raised its stake in shares of Grupo Aeroportuario del Centro Nort by 13.5% during the fourth quarter. Naples Global Advisors LLC now owns 10,525 shares of the transportation company’s stock worth $437,000 after buying an additional 1,250 shares during the last quarter. Stevens Capital Management LP raised its stake in shares of Grupo Aeroportuario del Centro Nort by 41.5% during the second quarter. Stevens Capital Management LP now owns 7,141 shares of the transportation company’s stock worth $344,000 after buying an additional 2,093 shares during the last quarter. Finally, Advisor Group Inc. raised its stake in shares of Grupo Aeroportuario del Centro Nort by 123.3% during the second quarter. Advisor Group Inc. now owns 4,820 shares of the transportation company’s stock worth $232,000 after buying an additional 2,661 shares during the last quarter. 11.58% of the stock is owned by institutional investors and hedge funds.

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Grupo Aeroportuario del Centro Nort Company Profile

Grupo Aeroportuario del Centro Norte, SAB. de C.V. is a holding company. The Company, through its subsidiaries, holds concessions to operate, maintain and develop over 10 airports in Mexico. The Company’s segments include Metropolitan, Tourist, Regional, Border, Hotel and Other. The Company also engages in various commercial and diversification activities conducted at its airports, such as the leasing of space to restaurants and retailers, the operation of parking facilities, and the operation of the NH Terminal 2 Hotel and the Hilton Garden Inn Hotel at the Monterrey airport.

Analyst Recommendations for Grupo Aeroportuario del Centro Nort (NASDAQ:OMAB)

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