BidaskClub downgraded shares of Grupo Aeroportuario del Centro Nort (NASDAQ:OMAB) from a strong-buy rating to a buy rating in a research report released on Saturday.

OMAB has been the topic of several other reports. ValuEngine upgraded shares of Grupo Aeroportuario del Centro Nort from a sell rating to a hold rating in a report on Sunday, July 8th. UBS Group lowered shares of Grupo Aeroportuario del Centro Nort from an outperform rating to a market perform rating in a report on Wednesday, June 13th. Scotiabank upgraded shares of Grupo Aeroportuario del Centro Nort from an underperform rating to a sector perform rating in a report on Tuesday, June 12th. Zacks Investment Research lowered shares of Grupo Aeroportuario del Centro Nort from a buy rating to a hold rating in a report on Tuesday, June 26th. Finally, Barclays downgraded shares of Grupo Aeroportuario del Centro Nort from an overweight rating to an equal weight rating in a research note on Thursday, August 16th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and a consensus price target of $46.00.

Shares of NASDAQ OMAB opened at $47.29 on Friday. Grupo Aeroportuario del Centro Nort has a fifty-two week low of $37.45 and a fifty-two week high of $52.21. The company has a market capitalization of $2.14 billion, a P/E ratio of 21.59 and a beta of 0.67. The company has a current ratio of 2.27, a quick ratio of 2.27 and a debt-to-equity ratio of 0.66.

A number of large investors have recently modified their holdings of OMAB. Geode Capital Management LLC bought a new stake in Grupo Aeroportuario del Centro Nort in the fourth quarter valued at approximately $283,000. Guggenheim Capital LLC increased its stake in Grupo Aeroportuario del Centro Nort by 6.2% in the fourth quarter. Guggenheim Capital LLC now owns 35,469 shares of the transportation company’s stock valued at $1,471,000 after purchasing an additional 2,086 shares in the last quarter. Wells Fargo & Company MN increased its stake in Grupo Aeroportuario del Centro Nort by 28,806.0% in the first quarter. Wells Fargo & Company MN now owns 57,523 shares of the transportation company’s stock valued at $2,267,000 after purchasing an additional 57,324 shares in the last quarter. Forward Management LLC increased its stake in Grupo Aeroportuario del Centro Nort by 10,090.3% in the first quarter. Forward Management LLC now owns 31,590 shares of the transportation company’s stock valued at $1,245,000 after purchasing an additional 31,280 shares in the last quarter. Finally, Conning Inc. increased its stake in Grupo Aeroportuario del Centro Nort by 81.7% in the first quarter. Conning Inc. now owns 18,909 shares of the transportation company’s stock valued at $745,000 after purchasing an additional 8,500 shares in the last quarter. 16.59% of the stock is owned by hedge funds and other institutional investors.

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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