Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) Receives $305.00 Consensus Target Price from Brokerages

Shares of Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) have received an average rating of “Hold” from the six research firms that are covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $300.00.

A number of research analysts have recently commented on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Grupo Aeroportuario del Sureste in a research note on Wednesday, January 21st. Morgan Stanley lowered Grupo Aeroportuario del Sureste from an “equal weight” rating to an “underweight” rating and set a $300.00 price target on the stock. in a research note on Monday, November 10th. Scotiabank upgraded Grupo Aeroportuario del Sureste from a “sector perform” rating to a “sector outperform” rating in a report on Thursday, December 4th. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Grupo Aeroportuario del Sureste in a research note on Friday, November 14th. Finally, Zacks Research upgraded shares of Grupo Aeroportuario del Sureste from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 13th.

Institutional Trading of Grupo Aeroportuario del Sureste

Institutional investors have recently modified their holdings of the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in Grupo Aeroportuario del Sureste during the 4th quarter worth about $35,000. Assetmark Inc. raised its position in shares of Grupo Aeroportuario del Sureste by 494.7% during the second quarter. Assetmark Inc. now owns 113 shares of the transportation company’s stock worth $36,000 after acquiring an additional 94 shares during the last quarter. Hantz Financial Services Inc. lifted its stake in shares of Grupo Aeroportuario del Sureste by 13,800.0% in the second quarter. Hantz Financial Services Inc. now owns 139 shares of the transportation company’s stock worth $44,000 after acquiring an additional 138 shares during the period. State of Wyoming acquired a new position in shares of Grupo Aeroportuario del Sureste in the third quarter worth approximately $46,000. Finally, Atlas Capital Advisors Inc. bought a new stake in Grupo Aeroportuario del Sureste in the fourth quarter valued at approximately $49,000. Institutional investors own 10.57% of the company’s stock.

Grupo Aeroportuario del Sureste Price Performance

ASR stock opened at $372.58 on Tuesday. The stock has a market cap of $11.18 billion, a price-to-earnings ratio of 19.76 and a beta of 0.56. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.69 and a quick ratio of 2.69. The company has a 50 day simple moving average of $335.27 and a 200 day simple moving average of $323.01. Grupo Aeroportuario del Sureste has a 1 year low of $249.21 and a 1 year high of $379.07.

About Grupo Aeroportuario del Sureste

Grupo Aeroportuario del Sureste, SAB. de C.V. (NYSE: ASR) is a leading airport operator in Mexico specializing in the development, operation and management of airports under long-term concession agreements. The company’s core business activities include the operation of passenger and cargo terminals, the administration of retail and service concessions, the provision of parking and ground-support services, and the implementation of security and maintenance programs.

ASR holds concession rights for nine airports across southeastern Mexico, including premier tourism hubs such as Cancún, Cozumel and Huatulco, as well as regional facilities in Mérida, Oaxaca, Veracruz and Minatitlán.