Grupo Aeroportuario del Centro Norte (NASDAQ:OMAB) was upgraded by research analysts at BidaskClub from a “sell” rating to a “hold” rating in a report issued on Thursday.

Several other brokerages have also weighed in on OMAB. Zacks Investment Research lowered Grupo Aeroportuario del Centro Norte from a “hold” rating to a “sell” rating in a report on Thursday, November 16th. HSBC raised Grupo Aeroportuario del Centro Norte from a “hold” rating to a “buy” rating in a report on Wednesday, November 29th. Finally, Scotiabank lowered Grupo Aeroportuario del Centro Norte from a “sector perform” rating to an “underperform” rating and lifted their price objective for the stock from $43.00 to $46.00 in a report on Thursday, September 7th. Two investment analysts have rated the stock with a sell rating, five 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 an average price target of $50.70.

Grupo Aeroportuario del Centro Norte (OMAB) traded up $0.13 during midday trading on Thursday, hitting $41.43. The stock had a trading volume of 89,115 shares, compared to its average volume of 90,653. Grupo Aeroportuario del Centro Norte has a 12 month low of $30.05 and a 12 month high of $52.51. The company has a market cap of $2,041.99, a PE ratio of 18.54, a price-to-earnings-growth ratio of 6.12 and a beta of 0.96. The company has a quick ratio of 3.26, a current ratio of 3.26 and a debt-to-equity ratio of 0.76.

A number of institutional investors and hedge funds have recently made changes to their positions in OMAB. Russell Investments Group Ltd. increased its holdings in Grupo Aeroportuario del Centro Norte by 33.1% in the 2nd quarter. Russell Investments Group Ltd. now owns 303,514 shares of the transportation company’s stock worth $14,620,000 after acquiring an additional 75,440 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in 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 valued at $8,942,000 after buying an additional 39,503 shares in the last quarter. OxFORD Asset Management LLP grew its holdings in Grupo Aeroportuario del Centro Norte by 206.1% during the 2nd quarter. OxFORD Asset Management LLP now owns 57,880 shares of the transportation company’s stock valued at $2,789,000 after buying an additional 38,971 shares in the last quarter. Investec Asset Management LTD grew its holdings in 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 valued at $2,054,000 after buying an additional 37,670 shares in the last quarter. Finally, Northern Trust Corp purchased a new position in Grupo Aeroportuario del Centro Norte during the 2nd quarter valued at about $1,310,000. 16.51% of the stock is owned by institutional investors.

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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)

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