Shares of Grupo Aeroportuario del Centro Norte SAB de CV (NASDAQ:OMAB) have been assigned an average recommendation of “Hold” from the eight analysts that are currently covering the company. One investment analyst has rated the stock with a sell rating, three have given a hold rating, two have given a buy rating and one has issued a strong buy rating on the company. The average 12 month price target among brokerages that have covered the stock in the last year is $69.50.

A number of analysts have commented on OMAB shares. Zacks Investment Research upgraded shares of Grupo Aeroportuario del Centro Norte SAB de CV from a “hold” rating to a “strong-buy” rating and set a $56.00 price target for the company in a research note on Thursday, July 28th. Citigroup Inc. cut shares of Grupo Aeroportuario del Centro Norte SAB de CV from a “buy” rating to a “neutral” rating in a research note on Monday, August 22nd. Scotiabank cut their price target on shares of Grupo Aeroportuario del Centro Norte SAB de CV from $44.00 to $41.00 in a research note on Thursday, August 25th. Santander cut shares of Grupo Aeroportuario del Centro Norte SAB de CV from a “buy” rating to a “neutral” rating in a research note on Monday, September 12th. Finally, Credit Suisse Group AG upgraded shares of Grupo Aeroportuario del Centro Norte SAB de CV from a “neutral” rating to an “outperform” rating in a research note on Friday, September 30th.

A number of institutional investors have recently added to or reduced their stakes in the company. Wells Fargo & Company MN raised its position in Grupo Aeroportuario del Centro Norte SAB de CV by 109,250.0% in the third quarter. Wells Fargo & Company MN now owns 2,187 shares of the company’s stock worth $103,000 after buying an additional 2,185 shares in the last quarter. Mckinley Capital Management LLC Delaware acquired a new position in Grupo Aeroportuario del Centro Norte SAB de CV during the second quarter worth approximately $184,000. Royal Bank of Canada acquired a new position in Grupo Aeroportuario del Centro Norte SAB de CV during the second quarter worth approximately $190,000. LPL Financial LLC acquired a new position in Grupo Aeroportuario del Centro Norte SAB de CV during the third quarter worth approximately $243,000. Finally, Mitsubishi UFJ Trust & Banking Corp acquired a new position in Grupo Aeroportuario del Centro Norte SAB de CV during the third quarter worth approximately $246,000. 10.84% of the stock is currently owned by institutional investors and hedge funds.

Shares of Grupo Aeroportuario del Centro Norte SAB de CV (NASDAQ:OMAB) opened at 38.04 on Monday. Grupo Aeroportuario del Centro Norte SAB de CV has a 12 month low of $33.61 and a 12 month high of $53.58. The stock’s 50 day moving average is $0.00 and its 200 day moving average is $0.00.

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About Grupo Aeroportuario del Centro Norte SAB de CV

Grupo Aeroportuario del Centro Norte, SAB. de C.V., (GACN) is a holding company and conducts all of its operations through its subsidiaries. Through its subsidiaries, it holds concessions to operate, maintain and develop airports in Mexico, which are concentrated in the country’s central and northern regions.

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