Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR)‘s stock had its “outperform” rating reiterated by Royal Bank Of Canada in a report issued on Thursday.

Several other brokerages also recently commented on ASR. BidaskClub downgraded shares of Grupo Aeroportuario del Sureste, S.A. de C.V. from a “strong-buy” rating to a “buy” rating in a research note on Monday, July 24th. Scotiabank downgraded shares of Grupo Aeroportuario del Sureste, S.A. de C.V. from an “outperform” rating to a “sector perform” rating in a research note on Thursday. Zacks Investment Research raised shares of Grupo Aeroportuario del Sureste, S.A. de C.V. from a “hold” rating to a “buy” rating and set a $224.00 price objective for the company in a research note on Friday, August 18th. UBS AG downgraded shares of Grupo Aeroportuario del Sureste, S.A. de C.V. from an “outperform” rating to a “market perform” rating in a research note on Tuesday, June 6th. Finally, Morgan Stanley downgraded shares of Grupo Aeroportuario del Sureste, S.A. de C.V. from an “overweight” rating to an “equal weight” rating in a research note on Tuesday, May 30th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $224.00.

Shares of Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE ASR) traded up 0.51% during mid-day trading on Thursday, hitting $203.32. 60,048 shares of the company were exchanged. The firm has a market capitalization of $61.00 billion, a P/E ratio of 253.52 and a beta of 0.58. The company’s 50-day moving average price is $208.29 and its 200-day moving average price is $193.32. Grupo Aeroportuario del Sureste, S.A. de C.V. has a 12-month low of $131.72 and a 12-month high of $229.45.

Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) last issued its quarterly earnings results on Thursday, July 20th. The transportation company reported $2.03 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.93 by $0.10. Grupo Aeroportuario del Sureste, S.A. de C.V. had a net margin of 39.61% and a return on equity of 18.02%. The company had revenue of $158.17 million during the quarter. Equities research analysts predict that Grupo Aeroportuario del Sureste, S.A. de C.V. will post $8.01 earnings per share for the current fiscal year.

COPYRIGHT VIOLATION WARNING: This article was first published by American Banking News and is owned by of American Banking News. If you are reading this article on another publication, it was copied illegally and reposted in violation of US & international copyright & trademark laws. The legal version of this article can be viewed at https://www.americanbankingnews.com/2017/09/07/grupo-aeroportuario-del-sureste-s-a-de-c-v-s-asr-outperform-rating-reiterated-at-royal-bank-of-canada.html.

Large investors have recently modified their holdings of the stock. MARSHALL WACE ASIA Ltd bought a new position in Grupo Aeroportuario del Sureste, S.A. de C.V. in the 1st quarter valued at approximately $353,000. Bank of Montreal Can lifted its stake in Grupo Aeroportuario del Sureste, S.A. de C.V. by 6.1% in the 2nd quarter. Bank of Montreal Can now owns 9,669 shares of the transportation company’s stock valued at $2,035,000 after purchasing an additional 552 shares during the last quarter. Profund Advisors LLC lifted its stake in Grupo Aeroportuario del Sureste, S.A. de C.V. by 102.6% in the 1st quarter. Profund Advisors LLC now owns 3,096 shares of the transportation company’s stock valued at $536,000 after purchasing an additional 1,568 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in Grupo Aeroportuario del Sureste, S.A. de C.V. by 7.2% in the 1st quarter. JPMorgan Chase & Co. now owns 543,376 shares of the transportation company’s stock valued at $94,135,000 after purchasing an additional 36,379 shares during the last quarter. Finally, KCG Holdings Inc. bought a new position in Grupo Aeroportuario del Sureste, S.A. de C.V. in the 1st quarter valued at approximately $272,000. 32.90% of the stock is owned by institutional investors and hedge funds.

Grupo Aeroportuario del Sureste, S.A. de C.V. Company Profile

Grupo Aeroportuario del Sureste SAB de CV (ASUR) is a Mexico-based holding company. It and its subsidiaries hold concessions to operate, maintain and develop approximately nine airports in the southeast region of Mexico, as well as over 10 airports in Colombia. The Company operates through segments, including Cancun airport and subsidiaries (Cancun), the Villahermosa Airport (Villahermosa), the Merida airport (Merida) and Services.

Analyst Recommendations for Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR)

Receive News & Ratings for Grupo Aeroportuario del Sureste S.A. de C.V. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grupo Aeroportuario del Sureste S.A. de C.V. and related companies with MarketBeat.com's FREE daily email newsletter.