Brokerages Set Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC) PT at $200.00

Shares of Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC) have been assigned an average rating of “Hold” from the eight brokerages that are presently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, four have given a hold rating, two have issued a buy rating and one has issued a strong buy rating on the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $200.00.

Several brokerages have recently commented on PAC. Bank of America lowered Grupo Aeroportuario del Pacífico from a “buy” rating to a “neutral” rating in a research note on Tuesday, March 4th. Jefferies Financial Group upgraded Grupo Aeroportuario del Pacífico from an “underperform” rating to a “hold” rating and upped their price target for the stock from $140.00 to $210.00 in a report on Wednesday, February 12th. Barclays restated an “equal weight” rating on shares of Grupo Aeroportuario del Pacífico in a report on Tuesday, January 21st. Finally, UBS Group upgraded Grupo Aeroportuario del Pacífico from a “neutral” rating to a “buy” rating in a report on Tuesday, November 26th.

Institutional Trading of Grupo Aeroportuario del Pacífico

A number of hedge funds have recently added to or reduced their stakes in PAC. Van ECK Associates Corp raised its stake in shares of Grupo Aeroportuario del Pacífico by 67.9% during the 3rd quarter. Van ECK Associates Corp now owns 220 shares of the transportation company’s stock worth $38,000 after buying an additional 89 shares in the last quarter. Signaturefd LLC raised its stake in shares of Grupo Aeroportuario del Pacífico by 32.1% during the 4th quarter. Signaturefd LLC now owns 333 shares of the transportation company’s stock worth $58,000 after buying an additional 81 shares in the last quarter. Fifth Third Bancorp raised its stake in shares of Grupo Aeroportuario del Pacífico by 327.4% during the 4th quarter. Fifth Third Bancorp now owns 359 shares of the transportation company’s stock worth $63,000 after buying an additional 275 shares in the last quarter. Tower Research Capital LLC TRC increased its stake in Grupo Aeroportuario del Pacífico by 8,020.0% in the 4th quarter. Tower Research Capital LLC TRC now owns 406 shares of the transportation company’s stock valued at $71,000 after purchasing an additional 401 shares in the last quarter. Finally, Blue Trust Inc. increased its stake in Grupo Aeroportuario del Pacífico by 13.6% in the 4th quarter. Blue Trust Inc. now owns 443 shares of the transportation company’s stock valued at $78,000 after purchasing an additional 53 shares in the last quarter. 11.73% of the stock is owned by institutional investors and hedge funds.

Grupo Aeroportuario del Pacífico Trading Up 1.0 %

Shares of NYSE PAC opened at $189.49 on Thursday. The business has a fifty day moving average price of $189.20 and a 200 day moving average price of $181.97. The stock has a market capitalization of $9.57 billion, a P/E ratio of 18.84, 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 has a 1-year low of $140.40 and a 1-year high of $205.35.

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.