Grupo Aeroportuario del Centro Nort (NASDAQ:OMAB) was upgraded by research analysts at ValuEngine from a “hold” rating to a “buy” rating in a report issued on Wednesday.

Several other equities analysts have also commented on OMAB. BidaskClub upgraded shares of Grupo Aeroportuario del Centro Nort from a “hold” rating to a “buy” rating in a report on Tuesday, July 10th. Barclays lowered shares of Grupo Aeroportuario del Centro Nort from an “overweight” rating to an “equal weight” rating in a report on Thursday, August 16th. UBS Group lowered shares of Grupo Aeroportuario del Centro Nort from an “outperform” rating to a “market perform” rating in a report on Wednesday, June 13th. Scotiabank upgraded shares of Grupo Aeroportuario del Centro Nort from an “underperform” rating to a “sector perform” rating in a report on Tuesday, June 12th. Finally, Zacks Investment Research lowered shares of Grupo Aeroportuario del Centro Nort from a “buy” rating to a “hold” rating in a report on Tuesday, June 26th. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Grupo Aeroportuario del Centro Nort currently has an average rating of “Buy” and a consensus price target of $52.00.

NASDAQ:OMAB opened at $54.77 on Wednesday. The company has a current ratio of 2.27, a quick ratio of 2.27 and a debt-to-equity ratio of 0.66. The stock has a market capitalization of $2.32 billion, a price-to-earnings ratio of 19.91, a PEG ratio of 6.58 and a beta of 0.70. Grupo Aeroportuario del Centro Nort has a 1-year low of $37.45 and a 1-year high of $55.44.

Grupo Aeroportuario del Centro Nort (NASDAQ:OMAB) last posted its earnings results on Wednesday, July 18th. The transportation company reported $0.74 earnings per share for the quarter. The company had revenue of $102.76 million for the quarter. Grupo Aeroportuario del Centro Nort had a net margin of 32.68% and a return on equity of 35.46%. equities analysts expect that Grupo Aeroportuario del Centro Nort will post 2.74 EPS for the current fiscal year.

Several hedge funds have recently modified their holdings of OMAB. BlackRock Inc. lifted its holdings in shares of Grupo Aeroportuario del Centro Nort by 41.7% in the 2nd quarter. BlackRock Inc. now owns 692,592 shares of the transportation company’s stock worth $28,847,000 after acquiring an additional 203,826 shares during the last quarter. Freestone Capital Holdings LLC increased its stake in Grupo Aeroportuario del Centro Nort by 115.0% during the 1st quarter. Freestone Capital Holdings LLC now owns 136,110 shares of the transportation company’s stock worth $5,365,000 after buying an additional 72,817 shares during the period. Wells Fargo & Company MN increased its stake in Grupo Aeroportuario del Centro Nort by 28,806.0% during the 1st quarter. Wells Fargo & Company MN now owns 57,523 shares of the transportation company’s stock worth $2,267,000 after buying an additional 57,324 shares during the period. Public Employees Retirement System of Ohio purchased a new stake in Grupo Aeroportuario del Centro Nort during the 2nd quarter worth approximately $1,672,000. Finally, Highstreet Asset Management Inc. purchased a new stake in Grupo Aeroportuario del Centro Nort during the 2nd quarter worth approximately $940,000. Hedge funds and other institutional investors own 15.27% of the company’s stock.

About Grupo Aeroportuario del Centro Nort

Grupo Aeroportuario del Centro Norte, S. A. B. de C. V., through its subsidiaries, holds concessions to develop, operate, and maintain airports in Mexico. The company operates 13 international airports in Monterrey, Acapulco, Mazatlán, Zihuatanejo, Chihuahua, Culiacán, Durango, San Luis Potosí, Tampico, Torreón, Zacatecas, Ciudad Juárez, and Reynosa cities.

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Analyst Recommendations for Grupo Aeroportuario del Centro Nort (NASDAQ:OMAB)

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