Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC) Receives Average Recommendation of “Hold” from Analysts

Shares of Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PACGet Rating) have been given an average recommendation of “Hold” by the eight ratings firms that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $151.50.

Several research firms have recently issued reports on PAC. Zacks Investment Research upgraded Grupo Aeroportuario del Pacífico from a “sell” rating to a “hold” rating and set a $163.00 price target on the stock in a research report on Wednesday, April 20th. Bradesco Corretora lowered Grupo Aeroportuario del Pacífico to a “hold” rating and set a $150.00 price target on the stock. in a research report on Tuesday, February 8th. UBS Group lowered Grupo Aeroportuario del Pacífico from a “neutral” rating to a “sell” rating in a research report on Friday, January 28th. Citigroup raised their price target on Grupo Aeroportuario del Pacífico from $150.00 to $169.00 and gave the stock a “buy” rating in a research report on Monday, March 28th. Finally, StockNews.com started coverage on Grupo Aeroportuario del Pacífico in a research note on Thursday, March 31st. They set a “hold” rating on the stock.

Shares of PAC opened at $153.79 on Friday. The firm has a market capitalization of $7.88 billion, a price-to-earnings ratio of 22.03, a PEG ratio of 1.54 and a beta of 1.35. The company has a debt-to-equity ratio of 1.38, a quick ratio of 3.06 and a current ratio of 3.23. The business’s fifty day moving average price is $146.05 and its two-hundred day moving average price is $137.86. Grupo Aeroportuario del Pacífico has a 52 week low of $102.41 and a 52 week high of $167.24.

Grupo Aeroportuario del Pacífico (NYSE:PACGet Rating) last posted its quarterly earnings results on Wednesday, February 23rd. The transportation company reported $1.70 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.66 by $0.04. Grupo Aeroportuario del Pacífico had a return on equity of 35.01% and a net margin of 34.29%. The business had revenue of $250.17 million for the quarter. As a group, research analysts forecast that Grupo Aeroportuario del Pacífico will post 7.02 EPS for the current year.

A number of institutional investors have recently modified their holdings of PAC. Marshall Wace LLP acquired a new stake in Grupo Aeroportuario del Pacífico during the 1st quarter worth $65,000. Wells Fargo & Company MN raised its stake in shares of Grupo Aeroportuario del Pacífico by 240.1% in the 2nd quarter. Wells Fargo & Company MN now owns 22,717 shares of the transportation company’s stock valued at $2,429,000 after purchasing an additional 16,037 shares during the period. SG Americas Securities LLC raised its stake in shares of Grupo Aeroportuario del Pacífico by 57.4% in the 3rd quarter. SG Americas Securities LLC now owns 2,440 shares of the transportation company’s stock valued at $284,000 after purchasing an additional 890 shares during the period. Mackenzie Financial Corp raised its stake in shares of Grupo Aeroportuario del Pacífico by 2.0% in the 3rd quarter. Mackenzie Financial Corp now owns 16,595 shares of the transportation company’s stock valued at $1,930,000 after purchasing an additional 330 shares during the period. Finally, Barclays PLC raised its stake in shares of Grupo Aeroportuario del Pacífico by 32.1% in the 3rd quarter. Barclays PLC now owns 4,389 shares of the transportation company’s stock valued at $511,000 after purchasing an additional 1,067 shares during the period. 12.89% of the stock is currently owned by institutional investors and hedge funds.

Grupo Aeroportuario del Pacífico Company Profile (Get Rating)

Grupo Aeroportuario del Pacífico, SAB. de C.V., together with its subsidiaries, develops, manages, and operates airports primarily in Mexico's Pacific region. It has 12 airports in Guadalajara, Puerto Vallarta, Tijuana, San Jose del Cabo, Guanajuato (Bajío), Hermosillo, Mexicali, Los Mochis, La Paz, Manzanillo, Morelia, and Aguascalientes, as well as two international airports in Jamaica.

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Analyst Recommendations for Grupo Aeroportuario del Pacífico (NYSE:PAC)

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