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Grupo Aeroportuario (NASDAQ:OMAB) has been upgraded from Underperform to Neutral in a statement by BofA Merrill earlier today.

Boasting a price of $43.32, Grupo Aeroportuario (NASDAQ:OMAB) traded 1.12% higher on the day. With the last stock price close up 10.15% from the two hundred day average, compared with the S&P 500 Index which has increased 0.02% over the date range. Grupo Aeroportuario has recorded a 50-day average of $44.09 and a two hundred day average of $39.33. Volume of trade was up over the average, with 118,457 shares of OMAB changing hands over the typical 90,868

BofA Merrill has upgraded Grupo Aeroportuario (NASDAQ:OMAB) from Underperform to Neutral in a statement released on 5/16/2017.

Performance Chart

Grupo Aeroportuario (NASDAQ:OMAB)

With a total market value of $0, Grupo Aeroportuario has price-earnings ratio of 21.32 with a one year low of $30.05 and a one year high of $53.58 .

A total of 8 equity analysts have released a ratings update on OMAB. One brokerage rating the company a strong buy, three brokerages rating the company a buy, four analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $48.46.

General Information About Grupo Aeroportuario (NASDAQ:OMAB)

Grupo Aeroportuario del Centro Norte, S.A.B. 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. The Company's airports serve the Monterrey metropolitan area; approximately three tourist destinations, such as Acapulco, Mazatlan and Zihuatanejo; over seven regional centers, such as Chihuahua, Culiacan, Durango, San Luis Potosi, Tampico, Torreon and Zacatecas, and approximately two border cities, such as Ciudad Juarez and Reynosa.

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