Grupo Aeroportuario del Sureste, S.A. de C.V. (ASR) Upgraded at UBS AG

Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) was upgraded by stock analysts at UBS AG from a “sell” rating to a “neutral” rating in a research note issued on Friday.

Other analysts also recently issued research reports about the company. BidaskClub downgraded Grupo Aeroportuario del Sureste, S.A. de C.V. from a “strong-buy” rating to a “buy” rating in a research note on Monday, July 24th. Zacks Investment Research raised Grupo Aeroportuario del Sureste, S.A. de C.V. from a “hold” rating to a “buy” rating and set a $224.00 target price on the stock in a research note on Friday, September 15th. HSBC Holdings plc downgraded Grupo Aeroportuario del Sureste, S.A. de C.V. from a “buy” rating to a “hold” rating in a research note on Tuesday, October 3rd. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Grupo Aeroportuario del Sureste, S.A. de C.V. in a research note on Thursday, September 7th. Finally, Scotiabank downgraded Grupo Aeroportuario del Sureste, S.A. de C.V. from an “outperform” rating to a “sector perform” rating and lifted their target price for the company from $185.00 to $202.00 in a research note on Thursday, September 7th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and one has assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $213.00.

Shares of Grupo Aeroportuario del Sureste, S.A. de C.V. (ASR) traded up 0.61% during midday trading on Friday, reaching $182.94. The company’s stock had a trading volume of 17,163 shares. Grupo Aeroportuario del Sureste, S.A. de C.V. has a 1-year low of $131.72 and a 1-year high of $229.45. The company’s 50-day moving average price is $196.26 and its 200 day moving average price is $198.79. The firm has a market capitalization of $54.88 billion, a PE ratio of 226.13 and a beta of 0.56.

Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) last announced its earnings results on Thursday, July 20th. The transportation company reported $2.03 earnings per share for the quarter, beating the consensus estimate of $1.93 by $0.10. The firm had revenue of $158.17 million for the quarter. Grupo Aeroportuario del Sureste, S.A. de C.V. had a return on equity of 18.02% and a net margin of 39.61%. On average, equities research analysts forecast that Grupo Aeroportuario del Sureste, S.A. de C.V. will post $7.99 earnings per share for the current year.

TRADEMARK VIOLATION WARNING: This story was originally posted by Ticker Report and is the sole property of of Ticker Report. If you are accessing this story on another website, it was illegally copied and reposted in violation of U.S. & international copyright & trademark legislation. The correct version of this story can be viewed at https://www.tickerreport.com/banking-finance/2957601/grupo-aeroportuario-del-sureste-s-a-de-c-v-asr-upgraded-at-ubs-ag.html.

Several hedge funds have recently modified their holdings of ASR. Goldman Sachs Group Inc. increased its position in shares of Grupo Aeroportuario del Sureste, S.A. de C.V. by 388.0% during the 2nd quarter. Goldman Sachs Group Inc. now owns 99,378 shares of the transportation company’s stock valued at $20,909,000 after purchasing an additional 79,012 shares during the period. JPMorgan Chase & Co. increased its position in shares of Grupo Aeroportuario del Sureste, S.A. de C.V. by 6.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 580,034 shares of the transportation company’s stock valued at $122,039,000 after purchasing an additional 36,658 shares during the period. AQR Capital Management LLC increased its position in shares of Grupo Aeroportuario del Sureste, S.A. de C.V. by 110.4% during the 1st quarter. AQR Capital Management LLC now owns 54,591 shares of the transportation company’s stock valued at $9,457,000 after purchasing an additional 28,650 shares during the period. William Blair Investment Management LLC increased its position in shares of Grupo Aeroportuario del Sureste, S.A. de C.V. by 14.0% during the 2nd quarter. William Blair Investment Management LLC now owns 231,811 shares of the transportation company’s stock valued at $48,773,000 after purchasing an additional 28,401 shares during the period. Finally, Forsta AP Fonden increased its position in shares of Grupo Aeroportuario del Sureste, S.A. de C.V. by 787.1% during the 2nd quarter. Forsta AP Fonden now owns 27,500 shares of the transportation company’s stock valued at $5,786,000 after purchasing an additional 24,400 shares during the period. Institutional investors own 32.90% of the company’s stock.

About Grupo Aeroportuario del Sureste, S.A. de C.V.

Grupo Aeroportuario del Sureste SAB de CV (ASUR) is a Mexico-based holding company. It and its subsidiaries hold concessions to operate, maintain and develop approximately nine airports in the southeast region of Mexico, as well as over 10 airports in Colombia. The Company operates through segments, including Cancun airport and subsidiaries (Cancun), the Villahermosa Airport (Villahermosa), the Merida airport (Merida) and Services.

Analyst Recommendations for Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR)

Receive News & Ratings for Grupo Aeroportuario del Sureste S.A. de C.V. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grupo Aeroportuario del Sureste S.A. de C.V. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


Leave a Reply

© 2006-2017 Ticker Report. Google+.