Stock Rating Upgrade
The Value Trend Rating for Grupo Aeroportuario del Centro N (NASDAQ: OMAB) rose significantly recently from F to C reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
On 10/18/24, Grupo Aeroportuario del Centro N (NASDAQ: OMAB) stock rose modestly by 1.0%, closing at $69.70. However, this advance was accompanied by exceptionally low trading volume at 47% of normal. Relative to the market the stock has been weak over the last nine months but has risen 1.0% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, OMAB is expected to be Value Creation neutral.
Grupo Aeroportuario del Centro N has a current Value Trend Rating of C (Neutral). This VT Rating rose significantly in recent days from F previously. This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Grupo Aeroportuario del Centro N has a slightly positive Appreciation Score of 70 but a slightly negative Power Rating of 32, with the Neutral Value Trend Rating the result.
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