Analysts 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 currently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation, two have given a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $200.00.

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

Institutional Investors Weigh In On Grupo Aeroportuario del Pacífico

Hedge funds have recently bought and sold shares of the stock. Van ECK Associates Corp boosted its position in Grupo Aeroportuario del Pacífico by 67.9% in the 3rd quarter. Van ECK Associates Corp now owns 220 shares of the transportation company’s stock worth $38,000 after purchasing an additional 89 shares in the last quarter. Signaturefd LLC boosted its position in Grupo Aeroportuario del Pacífico by 32.1% in the 4th quarter. Signaturefd LLC now owns 333 shares of the transportation company’s stock worth $58,000 after purchasing an additional 81 shares in the last quarter. Fifth Third Bancorp boosted its position in Grupo Aeroportuario del Pacífico by 327.4% in the 4th quarter. Fifth Third Bancorp now owns 359 shares of the transportation company’s stock worth $63,000 after purchasing an additional 275 shares in the last quarter. Tower Research Capital LLC TRC boosted its position 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 worth $71,000 after purchasing an additional 401 shares in the last quarter. Finally, Blue Trust Inc. boosted its position 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 worth $78,000 after purchasing an additional 53 shares in the last quarter. Hedge funds and other institutional investors own 11.73% of the company’s stock.

Grupo Aeroportuario del Pacífico Stock Performance

PAC opened at $183.38 on Thursday. Grupo Aeroportuario del Pacífico has a 52-week low of $142.17 and a 52-week high of $205.35. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 2.08. The company has a market cap of $9.27 billion, a P/E ratio of 18.23, a price-to-earnings-growth ratio of 1.28 and a beta of 1.46. The firm’s 50-day moving average price is $189.68 and its 200-day moving average price is $182.43.

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.