BidaskClub cut shares of Grupo Aeroportuario del Centro Norte (NASDAQ:OMAB) from a hold rating to a sell rating in a research note issued to investors on Saturday.

Other analysts have also recently issued reports about the stock. HSBC upgraded shares of Grupo Aeroportuario del Centro Norte from a hold rating to a buy rating in a report on Wednesday, November 29th. Zacks Investment Research upgraded shares of Grupo Aeroportuario del Centro Norte from a strong sell rating to a hold rating in a report on Wednesday, December 20th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus target price of $50.70.

Grupo Aeroportuario del Centro Norte (NASDAQ OMAB) traded up $0.64 during trading on Friday, hitting $41.51. 168,921 shares of the stock traded hands, compared to its average volume of 69,178. The stock has a market capitalization of $2,041.50, a P/E ratio of 18.53, a P/E/G ratio of 5.69 and a beta of 0.96. The company has a debt-to-equity ratio of 0.69, a quick ratio of 3.14 and a current ratio of 3.14. Grupo Aeroportuario del Centro Norte has a 1-year low of $30.05 and a 1-year high of $52.51.

Several hedge funds have recently bought and sold shares of the stock. U S Global Investors Inc. acquired a new stake in shares of Grupo Aeroportuario del Centro Norte during the third quarter worth approximately $1,162,000. OxFORD Asset Management LLP boosted its holdings in shares of Grupo Aeroportuario del Centro Norte by 7.5% during the third quarter. OxFORD Asset Management LLP now owns 62,225 shares of the transportation company’s stock worth $2,788,000 after purchasing an additional 4,345 shares during the period. Investec Asset Management LTD boosted its holdings in shares of Grupo Aeroportuario del Centro Norte by 438.0% during the third quarter. Investec Asset Management LTD now owns 46,270 shares of the transportation company’s stock worth $2,054,000 after purchasing an additional 37,670 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of Grupo Aeroportuario del Centro Norte by 3,106.1% during the third quarter. JPMorgan Chase & Co. now owns 23,661 shares of the transportation company’s stock worth $1,060,000 after purchasing an additional 22,923 shares during the period. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in shares of Grupo Aeroportuario del Centro Norte during the third quarter worth approximately $204,000. Institutional investors and hedge funds own 11.58% of the company’s stock.

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About Grupo Aeroportuario del Centro Norte

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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