Scotiabank upgraded shares of Grupo Aeroportuario del Centro Nort (NASDAQ:OMAB) from a sector perform rating to a sector outperform rating in a report published on Monday, The Fly reports.

Several other equities research analysts also recently commented on OMAB. Bank of America raised shares of Grupo Aeroportuario del Centro Nort from a neutral rating to a buy rating in a research note on Tuesday, September 8th. downgraded shares of Grupo Aeroportuario del Centro Nort from a buy rating to a neutral rating and set a $50.00 target price for the company. in a research note on Wednesday, June 10th. Zacks Investment Research downgraded shares of Grupo Aeroportuario del Centro Nort from a hold rating to a strong sell rating in a research note on Saturday, June 13th. Bradesco Corretora downgraded shares of Grupo Aeroportuario del Centro Nort to a hold rating and set a $40.00 target price for the company. in a research note on Tuesday, June 16th. Finally, Credit Suisse Group raised shares of Grupo Aeroportuario del Centro Nort from a neutral rating to an outperform rating in a research note on Friday, May 29th. Six investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The company has a consensus rating of Buy and an average price target of $55.00.

OMAB opened at $38.08 on Monday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.14 and a quick ratio of 1.14. The company has a market cap of $1.63 billion, a price-to-earnings ratio of 15.93, a price-to-earnings-growth ratio of 10.32 and a beta of 1.39. The firm has a 50 day simple moving average of $36.20 and a 200 day simple moving average of $34.77. Grupo Aeroportuario del Centro Nort has a fifty-two week low of $20.55 and a fifty-two week high of $67.07.

Grupo Aeroportuario del Centro Nort (NASDAQ:OMAB) last posted its quarterly earnings results on Wednesday, July 22nd. The transportation company reported ($0.16) earnings per share for the quarter, hitting the Zacks’ consensus estimate of ($0.16). The business had revenue of $27.25 million during the quarter. Grupo Aeroportuario del Centro Nort had a net margin of 35.40% and a return on equity of 25.11%. As a group, analysts expect that Grupo Aeroportuario del Centro Nort will post 1.19 EPS for the current year.

Institutional investors have recently added to or reduced their stakes in the company. Nuveen Asset Management LLC boosted its holdings in shares of Grupo Aeroportuario del Centro Nort by 30.8% in the first quarter. Nuveen Asset Management LLC now owns 122,830 shares of the transportation company’s stock valued at $3,309,000 after buying an additional 28,913 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of Grupo Aeroportuario del Centro Nort by 938.6% in the first quarter. JPMorgan Chase & Co. now owns 12,339 shares of the transportation company’s stock valued at $333,000 after buying an additional 11,151 shares during the period. Manning & Napier Group LLC acquired a new position in shares of Grupo Aeroportuario del Centro Nort in the second quarter valued at approximately $4,912,000. Russell Investments Group Ltd. boosted its holdings in shares of Grupo Aeroportuario del Centro Nort by 28.0% in the second quarter. Russell Investments Group Ltd. now owns 168,404 shares of the transportation company’s stock valued at $6,251,000 after buying an additional 36,882 shares during the period. Finally, BlackRock Inc. boosted its holdings in shares of Grupo Aeroportuario del Centro Nort by 4.2% in the first quarter. BlackRock Inc. now owns 982,504 shares of the transportation company’s stock valued at $26,469,000 after buying an additional 39,430 shares during the period. Institutional investors own 11.30% 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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