Grupo Aeroportuario Centro Norte (NASDAQ:OMAB) has been given a consensus rating of “Hold” by the eight brokerages that are covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating on the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $46.00.

A number of research analysts recently issued reports on the company. BidaskClub upgraded Grupo Aeroportuario Centro Norte from a “sell” rating to a “hold” rating in a research report on Friday. UBS upgraded Grupo Aeroportuario Centro Norte from a “neutral” rating to a “buy” rating in a research report on Wednesday, February 7th. Zacks Investment Research upgraded Grupo Aeroportuario Centro Norte from a “hold” rating to a “buy” rating and set a $46.00 price objective for the company in a research report on Tuesday, February 27th. Finally, Morgan Stanley upgraded Grupo Aeroportuario Centro Norte from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, February 20th.

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A number of large investors have recently added to or reduced their stakes in the stock. Standard Life Aberdeen plc boosted its position in Grupo Aeroportuario Centro Norte by 18.6% during the 4th quarter. Standard Life Aberdeen plc now owns 3,112,749 shares of the transportation company’s stock worth $129,117,000 after acquiring an additional 488,736 shares during the period. AMP Capital Investors Ltd boosted its position in Grupo Aeroportuario Centro Norte by 78.1% during the 4th quarter. AMP Capital Investors Ltd now owns 928,553 shares of the transportation company’s stock worth $38,516,000 after acquiring an additional 407,253 shares during the period. Renaissance Technologies LLC boosted its position in Grupo Aeroportuario Centro Norte by 21.3% during the 4th quarter. Renaissance Technologies LLC now owns 472,800 shares of the transportation company’s stock worth $19,612,000 after acquiring an additional 83,000 shares during the period. Boston Partners acquired a new position in Grupo Aeroportuario Centro Norte during the 4th quarter worth $3,408,000. Finally, Compass Group LLC acquired a new position in Grupo Aeroportuario Centro Norte during the 4th quarter worth $3,158,000. Institutional investors and hedge funds own 13.89% of the company’s stock.

NASDAQ:OMAB traded down $0.12 during midday trading on Wednesday, reaching $42.64. 9,708 shares of the company traded hands, compared to its average volume of 82,882. Grupo Aeroportuario Centro Norte has a twelve month low of $37.45 and a twelve month high of $52.51. The firm has a market capitalization of $2,102.98, a P/E ratio of 19.48, a P/E/G ratio of 5.48 and a beta of 0.64. The company has a debt-to-equity ratio of 0.63, a current ratio of 3.17 and a quick ratio of 3.14.

Grupo Aeroportuario Centro Norte (NASDAQ:OMAB) last released its quarterly earnings data on Thursday, February 22nd. The transportation company reported $0.64 earnings per share (EPS) for the quarter. Grupo Aeroportuario Centro Norte had a return on equity of 31.67% and a net margin of 29.96%. The business had revenue of $99.58 million during the quarter. research analysts anticipate that Grupo Aeroportuario Centro Norte will post 2.6 EPS for the current fiscal year.

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Grupo Aeroportuario Centro Norte Company Profile

Grupo Aeroportuario del Centro Norte, S. A. B. de C. V., through its subsidiaries, holds concessions to develop, operate, and maintain airports in Mexico. It also operates NH Collection Hotel in Terminal 2 of the Mexico City International Airport; and a hotel under the Hilton Garden Inn name at the Monterrey Airport.

Analyst Recommendations for Grupo Aeroportuario Centro Norte (NASDAQ:OMAB)

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