Grupo Aeroportuario del Centro Norte S.A.B. de C.V. (NASDAQ:OMAB) Given Average Rating of “Hold” by Analysts

Shares of Grupo Aeroportuario del Centro Norte S.A.B. de C.V. (NASDAQ:OMAB) have received an average recommendation of “Hold” from the six analysts that are currently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating, three have issued a hold rating, one has given a buy rating and one has issued a strong buy rating on the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $106.00.

A number of research analysts have recently issued reports on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Grupo Aeroportuario del Centro Norte in a research report on Friday, January 9th. Wall Street Zen upgraded Grupo Aeroportuario del Centro Norte from a “buy” rating to a “strong-buy” rating in a research note on Sunday. Finally, Zacks Research raised Grupo Aeroportuario del Centro Norte from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 13th.

Grupo Aeroportuario del Centro Norte Stock Performance

NASDAQ OMAB opened at $128.15 on Friday. The company has a market cap of $5.45 billion, a P/E ratio of 22.68, a PEG ratio of 1.98 and a beta of 0.74. The company has a fifty day simple moving average of $113.16 and a 200 day simple moving average of $107.62. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 1.17. Grupo Aeroportuario del Centro Norte has a 12-month low of $70.24 and a 12-month high of $130.09.

Hedge Funds Weigh In On Grupo Aeroportuario del Centro Norte

Large investors have recently bought and sold shares of the stock. Jane Street Group LLC purchased a new stake in shares of Grupo Aeroportuario del Centro Norte in the first quarter valued at about $591,000. Vanguard Personalized Indexing Management LLC grew its position in Grupo Aeroportuario del Centro Norte by 3.4% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 4,595 shares of the transportation company’s stock worth $485,000 after purchasing an additional 153 shares in the last quarter. TrueMark Investments LLC purchased a new stake in Grupo Aeroportuario del Centro Norte in the 2nd quarter valued at about $1,059,000. Avidian Wealth Enterprises LLC purchased a new stake in Grupo Aeroportuario del Centro Norte in the 2nd quarter valued at about $213,000. Finally, Ethic Inc. bought a new position in shares of Grupo Aeroportuario del Centro Norte during the 2nd quarter worth approximately $223,000. 9.53% of the stock is currently owned by institutional investors.

Grupo Aeroportuario del Centro Norte Company Profile

Grupo Aeroportuario del Centro Norte, SAB. de C.V. (OMAB) is a Mexican airport operator that develops, manages and operates airports under long‐term concessions granted by the Federal Government of Mexico. The company’s core business covers all aspects of airport operations, including passenger processing, airfield services, security, ground handling, cargo handling and commercial activities such as retail, food and beverage, and parking.

OMA currently holds concession contracts for 13 airports in central and northern Mexico, serving key markets such as Monterrey, Ciudad Juárez, Culiacán, Hermosillo and Torreón.