Scotiabank upgraded shares of Grupo Aeroportuario del Centro Nort (NASDAQ:OMAB) from a sector perform rating to a sector outperform rating in a research report sent to investors on Monday, The Fly reports.

A number of other equities research analysts have also issued reports on OMAB. Zacks Investment Research lowered shares of Grupo Aeroportuario del Centro Nort from a hold rating to a strong sell rating in a research note on Saturday, June 13th. Credit Suisse Group raised shares of Grupo Aeroportuario del Centro Nort from a neutral rating to an outperform rating in a research note on Friday, May 29th. Bradesco Corretora lowered shares of Grupo Aeroportuario del Centro Nort to a hold rating and set a $40.00 target price for the company. in a research note on Tuesday, June 16th. lowered shares of Grupo Aeroportuario del Centro Nort from a buy rating to a neutral rating and set a $50.00 target price for the company. in a research note on Wednesday, June 10th. Finally, ValuEngine upgraded shares of Grupo Aeroportuario del Centro Nort from a sell rating to a hold rating in a report on Thursday, June 11th. Six research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The stock currently has an average rating of Buy and an average target price of $55.00.

Grupo Aeroportuario del Centro Nort stock opened at $38.08 on Monday. The company has a 50 day moving average price of $36.20 and a 200 day moving average price of $34.77. Grupo Aeroportuario del Centro Nort has a 52 week low of $20.55 and a 52 week high of $67.07. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.14 and a current ratio of 1.14. The firm has a market capitalization of $1.63 billion, a price-to-earnings ratio of 15.93, a P/E/G ratio of 10.32 and a beta of 1.39.

Grupo Aeroportuario del Centro Nort (NASDAQ:OMAB) last posted its quarterly earnings data on Wednesday, July 22nd. The transportation company reported ($0.16) EPS for the quarter, hitting analysts’ consensus estimates of ($0.16). Grupo Aeroportuario del Centro Nort had a net margin of 35.40% and a return on equity of 25.11%. The firm had revenue of $27.25 million during the quarter. Equities analysts forecast that Grupo Aeroportuario del Centro Nort will post 1.19 earnings per share for the current fiscal year.

Institutional investors and hedge funds have recently made changes to their positions in the stock. American Beacon Advisors Inc. bought a new position in Grupo Aeroportuario del Centro Nort in the 2nd quarter worth $36,000. US Bancorp DE raised its holdings in Grupo Aeroportuario del Centro Nort by 86.0% in the 1st quarter. US Bancorp DE now owns 900 shares of the transportation company’s stock worth $25,000 after acquiring an additional 416 shares during the period. Edmond DE Rothschild Holding S.A. bought a new position in Grupo Aeroportuario del Centro Nort in the 2nd quarter worth $39,000. UBS Group AG raised its holdings in Grupo Aeroportuario del Centro Nort by 404.3% in the 2nd quarter. UBS Group AG now owns 1,402 shares of the transportation company’s stock worth $52,000 after acquiring an additional 1,124 shares during the period. Finally, Advisor Group Holdings Inc. bought a new position in Grupo Aeroportuario del Centro Nort in the 1st quarter worth $42,000. Hedge funds and other institutional investors own 11.30% of the company’s stock.

About Grupo Aeroportuario del Centro Nort

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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