BidaskClub upgraded shares of Grupo Aeroportuario del Centro Norte (NASDAQ:OMAB) from a sell rating to a hold rating in a research report sent to investors on Thursday morning.

Several other research firms also recently commented on OMAB. Zacks Investment Research downgraded shares of Grupo Aeroportuario del Centro Norte from a hold rating to a sell rating in a research report on Thursday, November 16th. HSBC raised shares of Grupo Aeroportuario del Centro Norte from a hold rating to a buy rating in a report on Wednesday, November 29th. Finally, Scotiabank downgraded shares of Grupo Aeroportuario del Centro Norte from a sector perform rating to an underperform rating and upped their price objective for the stock from $43.00 to $46.00 in a report on Thursday, September 7th. One analyst has rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the company. Grupo Aeroportuario del Centro Norte has an average rating of Hold and a consensus target price of $50.70.

Grupo Aeroportuario del Centro Norte (OMAB) traded up $0.14 during mid-day trading on Thursday, reaching $43.69. 86,400 shares of the company’s stock traded hands, compared to its average volume of 130,675. The company has a debt-to-equity ratio of 0.69, a current ratio of 3.14 and a quick ratio of 3.14. The company has a market capitalization of $1,810.00, a P/E ratio of 19.86, a price-to-earnings-growth ratio of 5.99 and a beta of 0.97. Grupo Aeroportuario del Centro Norte has a 12 month low of $30.05 and a 12 month high of $52.51.

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Grupo Aeroportuario del Centro Norte by 27.0% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 185,589 shares of the transportation company’s stock worth $8,942,000 after buying an additional 39,503 shares during the period. State Street Corp boosted its holdings in shares of Grupo Aeroportuario del Centro Norte by 12.1% during the 2nd quarter. State Street Corp now owns 111,528 shares of the transportation company’s stock worth $5,373,000 after buying an additional 12,021 shares during the period. OxFORD Asset Management LLP boosted its holdings in shares of Grupo Aeroportuario del Centro Norte by 7.5% during the 3rd quarter. OxFORD Asset Management LLP now owns 62,225 shares of the transportation company’s stock worth $2,788,000 after buying an additional 4,345 shares during the period. Investec Asset Management LTD boosted its holdings in shares of Grupo Aeroportuario del Centro Norte by 438.0% during the 3rd quarter. Investec Asset Management LTD now owns 46,270 shares of the transportation company’s stock worth $2,054,000 after buying an additional 37,670 shares during the period. Finally, Goldman Sachs Group Inc. boosted its holdings in shares of Grupo Aeroportuario del Centro Norte by 76.1% during the 2nd quarter. Goldman Sachs Group Inc. now owns 41,464 shares of the transportation company’s stock worth $1,998,000 after buying an additional 17,915 shares during the period. 11.58% of the stock is owned by institutional investors and hedge funds.

ILLEGAL ACTIVITY NOTICE: “Grupo Aeroportuario del Centro Norte (OMAB) Stock Rating Upgraded by BidaskClub” was published by Watch List News and is the property of of Watch List News. If you are reading this piece on another publication, it was copied illegally and republished in violation of U.S. & international trademark and copyright legislation. The legal version of this piece can be viewed at https://www.watchlistnews.com/grupo-aeroportuario-del-centro-norte-omab-stock-rating-upgraded-by-bidaskclub/1798691.html.

Grupo Aeroportuario del Centro Norte Company Profile

Grupo Aeroportuario del Centro Norte, SAB. de C.V. is a holding company. The Company, through its subsidiaries, holds concessions to operate, maintain and develop over 10 airports in Mexico. The Company’s segments include Metropolitan, Tourist, Regional, Border, Hotel and Other. The Company also engages in various commercial and diversification activities conducted at its airports, such as the leasing of space to restaurants and retailers, the operation of parking facilities, and the operation of the NH Terminal 2 Hotel and the Hilton Garden Inn Hotel at the Monterrey airport.

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

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