Published On: Mon, Sep 12th, 2016

Grupo Aeroportuario del Centro Norte SAB de CV (NASDAQ:OMAB) Receives Average Rating of “Hold” from Analysts

Grupo Aeroportuario del Centro Norte SAB de CV (NASDAQ:OMAB) has been given a consensus rating of “Hold” by the six brokerages that are presently covering the stock. Four investment analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $45.00.
OMAB has been the topic of a number of research reports. Scotiabank reduced their price objective on Grupo Aeroportuario del Centro Norte SAB de CV from $44.00 to $41.00 in a research report on Thursday, August 25th. Zacks Investment Research upgraded Grupo Aeroportuario del Centro Norte SAB de CV from a “hold” rating to a “buy” rating and set a $50.00 price target on the stock in a research report on Wednesday, June 29th. Citigroup Inc. lowered Grupo Aeroportuario del Centro Norte SAB de CV from a “buy” rating to a “neutral” rating in a research report on Monday, August 22nd. Finally, Santander lowered Grupo Aeroportuario del Centro Norte SAB de CV from a “buy” rating to a “neutral” rating in a research report on Monday.

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Shares of Grupo Aeroportuario del Centro Norte SAB de CV (NASDAQ:OMAB) traded down 0.56% during midday trading on Monday, hitting $49.84. The company had a trading volume of 33,208 shares. The firm has a market capitalization of $2.45 billion, a P/E ratio of 30.10 and a beta of 1.11. Grupo Aeroportuario del Centro Norte SAB de CV has a 12-month low of $33.61 and a 12-month high of $53.58. The firm’s 50-day moving average is $50.41 and its 200-day moving average is $46.26.
Grupo Aeroportuario del Centro Norte SAB de CV Company Profile
Grupo Aeroportuario del Centro Norte, SAB. de C.V., (GACN) is a holding company and conducts all of its operations through its subsidiaries. Through its subsidiaries, it holds concessions to operate, maintain and develop airports in Mexico, which are concentrated in the country’s central and northern regions.

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