Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Receives $274.00 Consensus Target Price from Analysts

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASRGet Free Report) has been given a consensus recommendation of “Moderate Buy” by the six analysts that are covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation and five have assigned a buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $274.00.

Several brokerages recently commented on ASR. Citigroup cut Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “neutral” rating to a “sell” rating and reduced their target price for the stock from $228.00 to $222.00 in a research report on Tuesday, November 28th. StockNews.com raised Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “hold” rating to a “buy” rating in a research report on Friday, January 26th. The Goldman Sachs Group raised Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “sell” rating to a “buy” rating and raised their target price for the stock from $274.00 to $326.00 in a research report on Friday, January 26th. Scotiabank raised Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “sector perform” rating to a “sector outperform” rating in a research report on Tuesday, October 24th. Finally, Bank of America raised Grupo Aeroportuario del Sureste, S. A. B. de C. V. from an “underperform” rating to a “buy” rating in a research report on Thursday, December 14th.

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Grupo Aeroportuario del Sureste, S. A. B. de C. V. Trading Up 2.8 %

Shares of ASR stock opened at $312.77 on Friday. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 12 month low of $165.00 and a 12 month high of $314.48. The company has a quick ratio of 2.97, a current ratio of 2.97 and a debt-to-equity ratio of 0.23. The business’s 50 day moving average is $276.46 and its two-hundred day moving average is $256.76. The company has a market cap of $9.38 billion, a PE ratio of 16.52, a price-to-earnings-growth ratio of 2.86 and a beta of 1.17.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in ASR. JPMorgan Chase & Co. grew its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 1.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 684,236 shares of the transportation company’s stock worth $190,005,000 after buying an additional 7,111 shares during the period. Envestnet Asset Management Inc. grew its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 12,500.3% during the 1st quarter. Envestnet Asset Management Inc. now owns 619,305 shares of the transportation company’s stock worth $1,201,000 after buying an additional 614,390 shares during the period. BlackRock Inc. grew its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 10.0% during the 1st quarter. BlackRock Inc. now owns 360,238 shares of the transportation company’s stock worth $79,830,000 after buying an additional 32,860 shares during the period. WCM Investment Management LLC grew its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 3.0% during the 1st quarter. WCM Investment Management LLC now owns 255,120 shares of the transportation company’s stock worth $78,187,000 after buying an additional 7,497 shares during the period. Finally, State Street Corp grew its position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 3.9% during the 2nd quarter. State Street Corp now owns 209,158 shares of the transportation company’s stock worth $41,077,000 after buying an additional 7,922 shares during the period. 13.05% of the stock is owned by institutional investors.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Company Profile

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Grupo Aeroportuario del Sureste, S. A. B. de C. V. holds concessions to operate, maintain, and develop airports in the southeast region of Mexico. The company operates airports that are located in the cities of Cancún, Cozumel, Mérida, Huatulco, Oaxaca, Veracruz, Villahermosa, Tapachula, and Minatitlán.

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

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