Santander lowered shares of Grupo Aeroportuario del Centro Nort (NASDAQ:OMAB) from a buy rating to a hold rating in a research report report published on Tuesday, September 18th, The Fly reports.

Several other equities research analysts have also recently issued reports on the stock. BidaskClub cut shares of Grupo Aeroportuario del Centro Nort from a strong-buy rating to a buy rating in a research note on Saturday, August 18th. Bank of America started coverage on shares of Grupo Aeroportuario del Centro Nort in a research note on Tuesday, August 28th. They set a buy rating and a $58.00 price target on the stock. UBS Group cut shares of Grupo Aeroportuario del Centro Nort from an outperform rating to a market perform rating in a research note on Wednesday, June 13th. Scotiabank raised shares of Grupo Aeroportuario del Centro Nort from an underperform rating to a sector perform rating in a research note on Tuesday, June 12th. Finally, ValuEngine cut shares of Grupo Aeroportuario del Centro Nort from a sell rating to a strong sell rating in a research note on Wednesday, June 6th. Four investment analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company’s stock. Grupo Aeroportuario del Centro Nort currently has an average rating of Buy and a consensus price target of $59.00.

Shares of NASDAQ:OMAB traded up $0.76 on Tuesday, reaching $52.80. 34,976 shares of the company were exchanged, compared to its average volume of 86,215. The stock has a market cap of $2.45 billion, a PE ratio of 24.11, a price-to-earnings-growth ratio of 6.94 and a beta of 0.71. Grupo Aeroportuario del Centro Nort has a 1-year low of $37.45 and a 1-year high of $58.10. The company has a quick ratio of 2.27, a current ratio of 2.27 and a debt-to-equity ratio of 0.66.

Grupo Aeroportuario del Centro Nort (NASDAQ:OMAB) last issued its quarterly earnings data on Wednesday, July 18th. The transportation company reported $0.74 EPS for the quarter. The firm had revenue of $102.76 million for the quarter. Grupo Aeroportuario del Centro Nort had a net margin of 32.68% and a return on equity of 35.46%. Equities analysts anticipate that Grupo Aeroportuario del Centro Nort will post 2.74 earnings per share for the current year.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Northern Trust Corp raised its stake in shares of Grupo Aeroportuario del Centro Nort by 72.0% during the second quarter. Northern Trust Corp now owns 12,560 shares of the transportation company’s stock valued at $523,000 after purchasing an additional 5,257 shares during the period. Public Employees Retirement System of Ohio purchased a new stake in shares of Grupo Aeroportuario del Centro Nort during the second quarter valued at approximately $1,672,000. Renaissance Technologies LLC raised its stake in shares of Grupo Aeroportuario del Centro Nort by 1.9% during the second quarter. Renaissance Technologies LLC now owns 517,000 shares of the transportation company’s stock valued at $21,533,000 after purchasing an additional 9,800 shares during the period. Highstreet Asset Management Inc. purchased a new stake in shares of Grupo Aeroportuario del Centro Nort during the second quarter valued at approximately $940,000. Finally, Azimuth Capital Management LLC raised its stake in shares of Grupo Aeroportuario del Centro Nort by 6.0% during the second quarter. Azimuth Capital Management LLC now owns 98,960 shares of the transportation company’s stock valued at $4,122,000 after purchasing an additional 5,575 shares during the period. Hedge funds and other institutional investors own 15.27% of the company’s stock.

Grupo Aeroportuario del Centro Nort Company Profile

Grupo Aeroportuario del Centro Norte, S. A. B. de C. V., through its subsidiaries, holds concessions to develop, operate, and maintain airports in Mexico. The company operates 13 international airports in Monterrey, Acapulco, Mazatlán, Zihuatanejo, Chihuahua, Culiacán, Durango, San Luis Potosí, Tampico, Torreón, Zacatecas, Ciudad Juárez, and Reynosa cities.

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

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