Grupo Aeroportr dl Pcfco SAB de CV (PAC) Upgraded to “Outperform” by Itau BBA Securities

Grupo Aeroportr dl Pcfco SAB de CV (NYSE:PAC) was upgraded by analysts at Itau BBA Securities from a “market perform” rating to an “outperform” rating in a report issued on Thursday, The Fly reports.

A number of other research analysts have also recently weighed in on the stock. Bradesco Corretora upgraded shares of Grupo Aeroportr dl Pcfco SAB de CV from a “neutral” rating to an “outperform” rating in a research report on Wednesday, April 10th. Zacks Investment Research cut shares of Grupo Aeroportr dl Pcfco SAB de CV from a “buy” rating to a “hold” rating in a research report on Tuesday, April 2nd. Goldman Sachs Group cut shares of Grupo Aeroportr dl Pcfco SAB de CV from a “buy” rating to a “sell” rating in a research report on Tuesday, March 5th. JPMorgan Chase & Co. cut shares of Grupo Aeroportr dl Pcfco SAB de CV from an “overweight” rating to a “neutral” rating in a research report on Wednesday, February 27th. Finally, Scotiabank cut shares of Grupo Aeroportr dl Pcfco SAB de CV from an “outperform” rating to a “sector perform” rating in a research report on Monday, February 11th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $151.00.

PAC stock traded up $0.70 during mid-day trading on Thursday, reaching $103.61. 10,770 shares of the stock traded hands, compared to its average volume of 53,951. The company has a quick ratio of 5.69, a current ratio of 5.69 and a debt-to-equity ratio of 0.80. Grupo Aeroportr dl Pcfco SAB de CV has a one year low of $64.45 and a one year high of $111.27. The stock has a market capitalization of $5.73 billion, a price-to-earnings ratio of 21.72, a price-to-earnings-growth ratio of 4.50 and a beta of 0.46.



Grupo Aeroportr dl Pcfco SAB de CV (NYSE:PAC) last posted its quarterly earnings data on Friday, April 26th. The transportation company reported $1.30 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.19 by $0.11. Grupo Aeroportr dl Pcfco SAB de CV had a net margin of 35.51% and a return on equity of 23.95%. The business had revenue of $191.57 million for the quarter. As a group, equities research analysts expect that Grupo Aeroportr dl Pcfco SAB de CV will post 5.1 EPS for the current year.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Renaissance Technologies LLC grew its holdings in shares of Grupo Aeroportr dl Pcfco SAB de CV by 15.6% in the first quarter. Renaissance Technologies LLC now owns 846,200 shares of the transportation company’s stock worth $75,286,000 after purchasing an additional 114,000 shares during the last quarter. BlackRock Inc. grew its holdings in shares of Grupo Aeroportr dl Pcfco SAB de CV by 41.5% in the first quarter. BlackRock Inc. now owns 699,175 shares of the transportation company’s stock worth $62,206,000 after purchasing an additional 204,995 shares during the last quarter. Lazard Asset Management LLC grew its holdings in shares of Grupo Aeroportr dl Pcfco SAB de CV by 3.5% in the first quarter. Lazard Asset Management LLC now owns 119,112 shares of the transportation company’s stock worth $10,597,000 after purchasing an additional 4,018 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Grupo Aeroportr dl Pcfco SAB de CV by 3.5% in the third quarter. JPMorgan Chase & Co. now owns 117,476 shares of the transportation company’s stock worth $12,826,000 after purchasing an additional 3,979 shares during the last quarter. Finally, Northern Trust Corp grew its holdings in shares of Grupo Aeroportr dl Pcfco SAB de CV by 52.0% in the first quarter. Northern Trust Corp now owns 98,521 shares of the transportation company’s stock worth $8,765,000 after purchasing an additional 33,694 shares during the last quarter. Hedge funds and other institutional investors own 8.90% of the company’s stock.

Grupo Aeroportr dl Pcfco SAB de CV Company Profile

Grupo Aeroportuario del Pacífico, SAB. de C.V. operates airports primarily in Mexico's Pacific region. It has 12 airports in Guadalajara, Puerto Vallarta, Tijuana, San Jose del Cabo, Guanajuato (Bajío), Hermosillo, Mexicali, Los Mochis, La Paz, Manzanillo, Morelia, and Aguascalientes, as well as 1 international airport in Jamaica.

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Analyst Recommendations for Grupo Aeroportr dl Pcfco SAB de CV (NYSE:PAC)

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