Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC) Receives $200.00 Average PT from Brokerages

Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC - Get Free Report) has been given a consensus recommendation of "Hold" by the eight brokerages that are covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, four have assigned a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $200.00.

Several research firms have recently issued reports on PAC. Barclays reissued an "equal weight" rating on shares of Grupo Aeroportuario del Pacífico in a research note on Tuesday, January 21st. UBS Group raised Grupo Aeroportuario del Pacífico from a "neutral" rating to a "buy" rating in a research note on Tuesday, November 26th. Bank of America cut Grupo Aeroportuario del Pacífico from a "buy" rating to a "neutral" rating in a research note on Tuesday, March 4th. Finally, Jefferies Financial Group upgraded Grupo Aeroportuario del Pacífico from an "underperform" rating to a "hold" rating and upped their price objective for the company from $140.00 to $210.00 in a report on Wednesday, February 12th.

Institutional Trading of Grupo Aeroportuario del Pacífico

Several institutional investors have recently modified their holdings of the company. Blue Trust Inc. lifted its holdings in shares of Grupo Aeroportuario del Pacífico by 13.6% in the fourth quarter. Blue Trust Inc. now owns 443 shares of the transportation company's stock valued at $78,000 after buying an additional 53 shares during the period. Signaturefd LLC lifted its holdings in shares of Grupo Aeroportuario del Pacífico by 32.1% during the fourth quarter. Signaturefd LLC now owns 333 shares of the transportation company's stock valued at $58,000 after purchasing an additional 81 shares during the last quarter. US Bancorp DE lifted its holdings in shares of Grupo Aeroportuario del Pacífico by 24.4% during the third quarter. US Bancorp DE now owns 448 shares of the transportation company's stock valued at $78,000 after purchasing an additional 88 shares during the last quarter. Financial Advocates Investment Management lifted its holdings in shares of Grupo Aeroportuario del Pacífico by 3.7% during the fourth quarter. Financial Advocates Investment Management now owns 2,487 shares of the transportation company's stock valued at $435,000 after purchasing an additional 88 shares during the last quarter. Finally, Van ECK Associates Corp lifted its holdings in shares of Grupo Aeroportuario del Pacífico by 67.9% during the third quarter. Van ECK Associates Corp now owns 220 shares of the transportation company's stock valued at $38,000 after purchasing an additional 89 shares during the last quarter. Institutional investors and hedge funds own 11.73% of the company's stock.

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Grupo Aeroportuario del Pacífico Stock Performance

Shares of NYSE:PAC traded up $1.87 on Thursday, hitting $189.49. The company's stock had a trading volume of 131,577 shares, compared to its average volume of 64,239. Grupo Aeroportuario del Pacífico has a 12 month low of $140.40 and a 12 month high of $205.35. The company has a market capitalization of $9.57 billion, a price-to-earnings ratio of 18.84, a price-to-earnings-growth ratio of 1.28 and a beta of 1.46. The stock's 50-day moving average is $189.20 and its two-hundred day moving average is $181.97. The company has a debt-to-equity ratio of 2.08, a quick ratio of 1.50 and a current ratio of 1.50.

Grupo Aeroportuario del Pacífico Company Profile

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.