Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Grupo Aeroportuario del Centro N (NASDAQ: OMAB) rose significantly of late. OMAB’s current Value Trend Rating is C and the prior Rating was F. Details supporting this higher rating are included in our next report.
Recent Price Action
Grupo Aeroportuario del Centro N (NASDAQ: OMAB) stock closed at $64.00 on 8/9/24 after a modest decline of -1.1%. However, unusually low trading volume at 55% of normal accompanied the decline. The stock has declined -4.0% during the last week and has been weak relative to the market over the last nine months.
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. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Grupo Aeroportuario del Centro N has a good Appreciation Score of 70 but a neutral Power Rating of 42, leading to the Neutral Value Trend Rating.
Be the first to comment