Zacks Upgrades Grupo Aeroportuario del Pacifico to “Neutral” (PAC)
Grupo Aeroportuario del Pacifico (NYSE:PAC) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a report issued on Thursday, AmericanBankingNews.com reports. The firm currently has a $54.20 price target on the stock. Zacks‘ price objective points to a potential upside of 1.84% from the company’s current price.
Grupo Aeroportuario del Pacifico (NYSE:PAC) traded down 2.76% on Thursday, hitting $51.75. The stock had a trading volume of 9,631 shares. Grupo Aeroportuario del Pacifico has a one year low of $41.45 and a one year high of $66.19. The stock’s 50-day moving average is $51.88 and its 200-day moving average is $51.73. The company has a market cap of $2.741 billion and a P/E ratio of 19.28.
Grupo Aeroportuario del Pacifico, SAB. de C.V. hold concessions to operate 12 airports, which serve two metropolitan areas (NYSE:PAC), tourist destinations, such as Puerto Vallarta, Los Cabos, La Paz and Manzanillo, and a number of mid-sized cities, such as Hermosillo, Guanajuato, Morelia, Aguascalientes, Mexicali and Los Mochis.
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