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

Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC) has earned a consensus recommendation of “Hold” from the eight analysts that are covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, two have given a buy rating and one has given a strong buy rating to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $200.00.

A number of analysts recently weighed in on PAC shares. Barclays reaffirmed an “equal weight” rating on shares of Grupo Aeroportuario del Pacífico in a research note on Tuesday, January 21st. Bank of America lowered shares of Grupo Aeroportuario del Pacífico from a “buy” rating to a “neutral” rating in a research note on Tuesday, March 4th. Jefferies Financial Group raised shares of Grupo Aeroportuario del Pacífico from an “underperform” rating to a “hold” rating and upped their price objective for the stock from $140.00 to $210.00 in a research note on Wednesday, February 12th. Finally, UBS Group raised shares of Grupo Aeroportuario del Pacífico from a “neutral” rating to a “buy” rating in a research note on Tuesday, November 26th.

Hedge Funds Weigh In On Grupo Aeroportuario del Pacífico

Large investors have recently added to or reduced their stakes in the company. State Street Corp raised its holdings in Grupo Aeroportuario del Pacífico by 11.0% in the third quarter. State Street Corp now owns 374,595 shares of the transportation company’s stock worth $65,187,000 after purchasing an additional 37,005 shares in the last quarter. Metis Global Partners LLC raised its holdings in Grupo Aeroportuario del Pacífico by 54.0% in the third quarter. Metis Global Partners LLC now owns 21,542 shares of the transportation company’s stock worth $3,749,000 after purchasing an additional 7,553 shares in the last quarter. FMR LLC raised its holdings in Grupo Aeroportuario del Pacífico by 1,454.3% in the third quarter. FMR LLC now owns 19,367 shares of the transportation company’s stock worth $3,370,000 after purchasing an additional 18,121 shares in the last quarter. BNP Paribas Financial Markets increased its holdings in shares of Grupo Aeroportuario del Pacífico by 16.7% during the third quarter. BNP Paribas Financial Markets now owns 21,206 shares of the transportation company’s stock valued at $3,690,000 after acquiring an additional 3,032 shares in the last quarter. Finally, National Bank of Canada FI increased its holdings in shares of Grupo Aeroportuario del Pacífico by 7,927.9% during the third quarter. National Bank of Canada FI now owns 48,970 shares of the transportation company’s stock valued at $8,521,000 after acquiring an additional 48,360 shares in the last quarter. 11.73% of the stock is currently owned by institutional investors.

Grupo Aeroportuario del Pacífico Stock Up 0.9 %

NYSE:PAC opened at $183.38 on Thursday. Grupo Aeroportuario del Pacífico has a 1-year low of $142.17 and a 1-year high of $205.35. The company has a 50-day moving average of $189.68 and a 200 day moving average of $182.43. The firm has a market cap of $9.27 billion, a PE ratio of 18.23, a price-to-earnings-growth ratio of 1.28 and a beta of 1.46. The company has a debt-to-equity ratio of 2.08, a current ratio of 1.50 and a quick ratio of 1.50.

Grupo Aeroportuario del Pacífico Company Profile

Grupo Aeroportuario del Pacífico, SAB. de C.V., together with its subsidiaries, holds concessions to develop, operate, and manage airports in Mexico and Jamaica. The company operates twelve international airports in Guadalajara and Tijuana areas, Mexico; and two international airports in Montego Bay, Jamaica.