Grupo Aeroportuario del Pacífico (NYSE:PAC) Upgraded at TheStreet

Grupo Aeroportuario del Pacífico (NYSE:PACGet Rating) was upgraded by research analysts at TheStreet from a “c” rating to a “b” rating in a report issued on Friday, TheStreetRatingsTable reports.

A number of other equities analysts have also recently weighed in on PAC. Bradesco Corretora cut Grupo Aeroportuario del Pacífico to a “hold” rating and set a $150.00 price target for the company. in a report on Tuesday, February 8th. 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 note on Wednesday, April 20th. StockNews.com initiated coverage on Grupo Aeroportuario del Pacífico in a research note on Thursday, March 31st. They set a “hold” rating on the stock. JPMorgan Chase & Co. cut Grupo Aeroportuario del Pacífico from a “neutral” rating to an “underweight” rating in a research report on Tuesday, May 3rd. Finally, Citigroup increased their price objective on Grupo Aeroportuario del Pacífico from $150.00 to $169.00 and gave the stock a “buy” rating in a report on Monday, March 28th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, Grupo Aeroportuario del Pacífico has a consensus rating of “Hold” and a consensus target price of $151.50.

NYSE:PAC opened at $147.54 on Friday. The stock’s 50 day moving average price is $148.67 and its 200 day moving average price is $139.61. The company has a market capitalization of $7.56 billion, a PE ratio of 21.14, a P/E/G ratio of 1.47 and a beta of 1.30. The company has a quick ratio of 3.23, a current ratio of 3.23 and a debt-to-equity ratio of 1.38. Grupo Aeroportuario del Pacífico has a 52-week low of $103.70 and a 52-week high of $167.24.

Grupo Aeroportuario del Pacífico (NYSE:PACGet Rating) last announced its earnings results on Monday, April 25th. The transportation company reported $2.29 earnings per share for the quarter, beating the consensus estimate of $1.43 by $0.86. Grupo Aeroportuario del Pacífico had a return on equity of 35.01% and a net margin of 34.29%. The company had revenue of $301.98 million for the quarter. As a group, sell-side analysts anticipate that Grupo Aeroportuario del Pacífico will post 7.02 EPS for the current fiscal year.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Capital International Sarl grew its holdings in Grupo Aeroportuario del Pacífico by 4.8% during the 1st quarter. Capital International Sarl now owns 11,737 shares of the transportation company’s stock worth $1,892,000 after acquiring an additional 534 shares during the period. Capital International Investors bought a new stake in Grupo Aeroportuario del Pacífico during the 1st quarter worth about $6,691,000. Capital Group Private Client Services Inc. lifted its position in Grupo Aeroportuario del Pacífico by 13.3% during the 1st quarter. Capital Group Private Client Services Inc. now owns 18,502 shares of the transportation company’s stock worth $2,983,000 after buying an additional 2,166 shares in the last quarter. BNP Paribas Arbitrage SA lifted its position in Grupo Aeroportuario del Pacífico by 13.5% during the 1st quarter. BNP Paribas Arbitrage SA now owns 723 shares of the transportation company’s stock worth $117,000 after buying an additional 86 shares in the last quarter. Finally, Virtu Financial LLC bought a new stake in shares of Grupo Aeroportuario del Pacífico in the 1st quarter valued at about $221,000. Hedge funds and other institutional investors own 12.68% of the company’s stock.

About Grupo Aeroportuario del Pacífico (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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