Grupo Aeroportuario del Pacífico (NYSE:PAC) Upgraded to Hold at Jefferies Financial Group

Grupo Aeroportuario del Pacífico (NYSE:PAC - Get Free Report) was upgraded by equities researchers at Jefferies Financial Group from an "underperform" rating to a "hold" rating in a research report issued to clients and investors on Wednesday, MarketBeat Ratings reports. The brokerage presently has a $210.00 target price on the transportation company's stock, up from their prior target price of $140.00. Jefferies Financial Group's price target indicates a potential upside of 6.83% from the company's current price.

Other analysts have also recently issued reports about the stock. UBS Group raised shares of Grupo Aeroportuario del Pacífico from a "neutral" rating to a "buy" rating in a research note on Tuesday, November 26th. Barclays reissued an "equal weight" rating on shares of Grupo Aeroportuario del Pacífico in a research note on Tuesday, January 21st. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $200.00.

Grupo Aeroportuario del Pacífico Trading Down 1.3 %

Shares of NYSE PAC traded down $2.50 during trading on Wednesday, hitting $196.58. 121,563 shares of the company traded hands, compared to its average volume of 83,511. Grupo Aeroportuario del Pacífico has a 1 year low of $139.64 and a 1 year high of $204.37. The company has a 50-day moving average price of $186.97 and a 200-day moving average price of $178.11. The firm has a market capitalization of $9.93 billion, a P/E ratio of 19.54, a P/E/G ratio of 1.23 and a beta of 1.47. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 2.08.

Institutional Trading of Grupo Aeroportuario del Pacífico

Institutional investors have recently added to or reduced their stakes in the business. State Street Corp boosted its position in Grupo Aeroportuario del Pacífico by 11.0% in the 3rd quarter. State Street Corp now owns 374,595 shares of the transportation company's stock valued at $65,187,000 after buying an additional 37,005 shares during the last quarter. Metis Global Partners LLC boosted its position in Grupo Aeroportuario del Pacífico by 54.0% in the 3rd quarter. Metis Global Partners LLC now owns 21,542 shares of the transportation company's stock valued at $3,749,000 after buying an additional 7,553 shares during the last quarter. FMR LLC boosted its position in Grupo Aeroportuario del Pacífico by 1,454.3% in the 3rd quarter. FMR LLC now owns 19,367 shares of the transportation company's stock valued at $3,370,000 after buying an additional 18,121 shares during the last quarter. BNP Paribas Financial Markets boosted its position in Grupo Aeroportuario del Pacífico by 16.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 21,206 shares of the transportation company's stock valued at $3,690,000 after buying an additional 3,032 shares during the last quarter. Finally, National Bank of Canada FI boosted its position in Grupo Aeroportuario del Pacífico by 7,927.9% in the 3rd quarter. National Bank of Canada FI now owns 48,970 shares of the transportation company's stock valued at $8,521,000 after buying an additional 48,360 shares during the last quarter. 11.73% of the stock is owned by hedge funds and other institutional investors.

About Grupo Aeroportuario del Pacífico

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.