Trade Report: The Analysts Set $171.33 Price Target for Grupo Aeroportuario del Sureste SAB de CV (ASR)

The Analysts Set $171.33 Price Target for Grupo Aeroportuario del Sureste SAB de CV (ASR)

Shares of Grupo Aeroportuario del Sureste SAB de CV (NYSE:ASR) have been given a consensus broker rating score of 2.00 (Buy) from the four analysts that provide coverage for the company, Zacks Investment Research reports. Two research analysts have rated the stock with a hold rating and two have issued a strong buy rating on the company.

Brokers have set a twelve-month consensus price target of $171.33 for the company and are predicting that the company will post $1.55 earnings per share for the current quarter, according to Zacks. Zacks has also given Grupo Aeroportuario del Sureste SAB de CV an industry rank of 65 out of 265 based on the ratings given to related companies.

A number of research firms have recently issued reports on ASR. Zacks Investment Research raised shares of Grupo Aeroportuario del Sureste SAB de CV from a “hold” rating to a “buy” rating and set a $163.00 target price for the company in a report on Wednesday, September 28th. Scotiabank upped their target price on shares of Grupo Aeroportuario del Sureste SAB de CV from $148.00 to $151.00 in a report on Thursday, August 25th. Finally, Goldman Sachs Group Inc. upped their target price on shares of Grupo Aeroportuario del Sureste SAB de CV from $170.00 to $174.00 and gave the stock a “buy” rating in a report on Thursday, July 21st.

Several large investors have recently made changes to their positions in the stock. Moody Lynn & Lieberson LLC raised its stake in shares of Grupo Aeroportuario del Sureste SAB de CV by 1.0% in the second quarter. Moody Lynn & Lieberson LLC now owns 2,709 shares of the company’s stock worth $432,000 after buying an additional 27 shares in the last quarter. Barclays PLC raised its stake in shares of Grupo Aeroportuario del Sureste SAB de CV by 0.5% in the first quarter. Barclays PLC now owns 14,994 shares of the company’s stock worth $2,249,000 after buying an additional 82 shares in the last quarter. Panagora Asset Management Inc. raised its stake in shares of Grupo Aeroportuario del Sureste SAB de CV by 1.3% in the second quarter. Panagora Asset Management Inc. now owns 7,311 shares of the company’s stock worth $1,166,000 after buying an additional 96 shares in the last quarter. BlackRock Advisors LLC raised its stake in shares of Grupo Aeroportuario del Sureste SAB de CV by 0.3% in the second quarter. BlackRock Advisors LLC now owns 37,059 shares of the company’s stock worth $5,913,000 after buying an additional 104 shares in the last quarter. Finally, World Asset Management Inc raised its stake in shares of Grupo Aeroportuario del Sureste SAB de CV by 8.2% in the second quarter. World Asset Management Inc now owns 1,711 shares of the company’s stock worth $273,000 after buying an additional 129 shares in the last quarter. 33.59% of the stock is owned by hedge funds and other institutional investors.

Grupo Aeroportuario del Sureste SAB de CV (NYSE:ASR) traded up 0.23% during mid-day trading on Wednesday, hitting $154.43. 42,264 shares of the stock were exchanged. Grupo Aeroportuario del Sureste SAB de CV has a 52 week low of $119.99 and a 52 week high of $167.86. The stock has a market capitalization of $46.33 billion, a PE ratio of 275.77 and a beta of 0.96. The company has a 50-day moving average of $149.86 and a 200-day moving average of $152.46.

Grupo Aeroportuario del Sureste SAB de CV Company Profile

Grupo Aeroportuario del Sureste, SAB. de C.V. (ASUR) is a holding company. The Company and its subsidiaries hold concessions to operate, maintain and develop approximately nine airports in the southeast region of Mexico. The Company operates through segments, including Cancun airport and subsidiaries (Cancun), the Villahermosa Airport (Villahermosa), the Merida airport (Merida) and Services.

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