Grupo Aeroportuario del Centro N (NASDAQ: OMAB)
ALERT – STOCK RATING DOWNGRADE
Stock Rating Downgrade
The Value Trend Rating for Grupo Aeroportuario del Centro N (NASDAQ: OMAB) fell significantly recently from B to D reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
On 8/31/18, Grupo Aeroportuario del Centro N (NASDAQ: OMAB) stock declined slightly by -0.1%, closing at $52.71. However, trading volume in this decline was below average at 82% of normal. Relative to the market the stock has been strong over the last nine months and has risen 8.3% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, OMAB is expected to continue to be Value Creation neutral.
OMAB has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. OMAB has a good Power Rating of 72 but a very low Appreciation Score of 7, resulting in the Negative Value Trend Rating.
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