Grupo Aeroportuario del Centro Nort (OMAB) Receives $49.00 Consensus Target Price from Analysts

Shares of Grupo Aeroportuario del Centro Nort (NASDAQ:OMAB) have received an average rating of “Hold” from the thirteen brokerages that are presently covering the stock, Marketbeat.com reports. Seven investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $49.00.

OMAB has been the subject of several recent research reports. TheStreet upgraded shares of Grupo Aeroportuario del Centro Nort from a “c+” rating to a “b-” rating in a research report on Wednesday, January 9th. BidaskClub lowered shares of Grupo Aeroportuario del Centro Nort from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, October 24th. Zacks Investment Research upgraded shares of Grupo Aeroportuario del Centro Nort from a “hold” rating to a “buy” rating and set a $60.00 target price for the company in a research report on Wednesday, September 19th. Bank of America upgraded shares of Grupo Aeroportuario del Centro Nort from an “underperform” rating to a “buy” rating in a research report on Friday, December 21st. Finally, UBS Group upgraded shares of Grupo Aeroportuario del Centro Nort from a “neutral” rating to a “buy” rating in a research report on Monday, January 7th.

Institutional investors have recently added to or reduced their stakes in the stock. Eagle Asset Management Inc. purchased a new stake in Grupo Aeroportuario del Centro Nort during the third quarter valued at $298,000. Brookstone Capital Management purchased a new stake in Grupo Aeroportuario del Centro Nort during the third quarter valued at $328,000. Northern Trust Corp raised its stake in 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 in the last quarter. Highstreet Asset Management Inc. raised its stake in Grupo Aeroportuario del Centro Nort by 21.4% during the third quarter. Highstreet Asset Management Inc. now owns 27,388 shares of the transportation company’s stock valued at $1,560,000 after purchasing an additional 4,830 shares in the last quarter. Finally, Conning Inc. raised its stake in Grupo Aeroportuario del Centro Nort by 34.9% during the third quarter. Conning Inc. now owns 32,109 shares of the transportation company’s stock valued at $1,829,000 after purchasing an additional 8,300 shares in the last quarter. 12.52% of the stock is currently owned by institutional investors.



Shares of NASDAQ OMAB opened at $43.51 on Friday. The company has a debt-to-equity ratio of 0.59, a current ratio of 2.63 and a quick ratio of 2.63. The company has a market cap of $1.84 billion, a P/E ratio of 19.87, a price-to-earnings-growth ratio of 4.79 and a beta of 0.81. Grupo Aeroportuario del Centro Nort has a 12-month low of $33.39 and a 12-month high of $58.10.

Grupo Aeroportuario del Centro Nort (NASDAQ:OMAB) last announced its earnings results on Wednesday, October 24th. The transportation company reported $0.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.65 by $0.13. The company had revenue of $103.76 million during the quarter. Grupo Aeroportuario del Centro Nort had a net margin of 34.22% and a return on equity of 36.15%. Equities research analysts anticipate that Grupo Aeroportuario del Centro Nort will post 2.91 EPS for the current year.

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.

Featured Story: What is the S&P 500 Index?

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

Receive News & Ratings for Grupo Aeroportuario del Centro Nort Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grupo Aeroportuario del Centro Nort and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply