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
Grupo Aeroportuario del Centro N (NASDAQ: OMAB) stock closed at $71.60 on 9/13/24 after a large increase of 3.4%. Moreover, unusually high trading volume at 178% of normal accompanied the advance. The stock has risen 11.9% during the last week but 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 consistent signals. Grupo Aeroportuario del Centro N has a slightly positive Appreciation Score of 66 and a neutral Power Rating of 43, producing the Neutral Value Trend Rating.
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