Shares of Grupo Aeroportuario del Centro Norte S.A.B. de C.V. (NASDAQ:OMAB) have been assigned an average recommendation of “Hold” from the nine analysts that are presently covering the firm, Marketbeat Ratings reports. Two research 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. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $46.05.

A number of equities analysts have recently commented on OMAB shares. Zacks Investment Research cut Grupo Aeroportuario del Centro Norte from a “buy” rating to a “hold” rating in a report on Saturday, October 21st. BidaskClub upgraded Grupo Aeroportuario del Centro Norte from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 26th. HSBC upgraded Grupo Aeroportuario del Centro Norte from a “hold” rating to a “buy” rating in a report on Wednesday, November 29th. Finally, Scotiabank cut Grupo Aeroportuario del Centro Norte from a “sector perform” rating to an “underperform” rating and lifted their target price for the stock from $43.00 to $46.00 in a report on Thursday, September 7th.

A number of institutional investors and hedge funds have recently bought and sold shares of OMAB. Bank of Montreal Can boosted its holdings in Grupo Aeroportuario del Centro Norte by 0.4% during the 2nd quarter. Bank of Montreal Can now owns 14,011 shares of the transportation company’s stock valued at $675,000 after acquiring an additional 52 shares during the period. Aperio Group LLC boosted its holdings in Grupo Aeroportuario del Centro Norte by 4.4% during the 2nd quarter. Aperio Group LLC now owns 16,256 shares of the transportation company’s stock valued at $783,000 after acquiring an additional 681 shares during the period. Russell Investments Group Ltd. boosted its holdings in Grupo Aeroportuario del Centro Norte by 33.1% during the 2nd quarter. Russell Investments Group Ltd. now owns 303,514 shares of the transportation company’s stock valued at $14,620,000 after acquiring an additional 75,440 shares during the period. Sei Investments Co. boosted its holdings in Grupo Aeroportuario del Centro Norte by 31.2% during the 2nd quarter. Sei Investments Co. now owns 24,424 shares of the transportation company’s stock valued at $1,177,000 after acquiring an additional 5,810 shares during the period. Finally, First Trust Advisors LP purchased a new position in Grupo Aeroportuario del Centro Norte during the 2nd quarter valued at $224,000. Institutional investors own 16.51% of the company’s stock.

Shares of Grupo Aeroportuario del Centro Norte (NASDAQ:OMAB) traded down $0.22 during trading on Thursday, hitting $41.30. The stock had a trading volume of 96,800 shares, compared to its average volume of 90,659. The stock 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 current ratio of 3.26, a quick ratio of 3.26 and a debt-to-equity ratio of 0.76. Grupo Aeroportuario del Centro Norte has a 12-month low of $30.05 and a 12-month high of $52.51.

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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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