Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Get Free Report) had its price objective cut by investment analysts at Jefferies Financial Group from $321.00 to $310.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage currently has a "hold" rating on the transportation company's stock. Jefferies Financial Group's price target points to a potential upside of 9.56% from the stock's current price.
Separately, StockNews.com lowered Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a "buy" rating to a "hold" rating in a research note on Thursday, November 21st.
Read Our Latest Report on ASR
Grupo Aeroportuario del Sureste, S. A. B. de C. V. Stock Performance
ASR traded down $5.75 during trading on Wednesday, reaching $282.94. The company's stock had a trading volume of 54,495 shares, compared to its average volume of 49,883. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 52-week low of $248.88 and a 52-week high of $357.90. The company's fifty day moving average price is $269.26 and its 200-day moving average price is $271.65. The company has a market capitalization of $8.49 billion, a price-to-earnings ratio of 10.66, a price-to-earnings-growth ratio of 7.23 and a beta of 1.09. The company has a debt-to-equity ratio of 0.20, a quick ratio of 4.65 and a current ratio of 4.65.
Institutional Trading of Grupo Aeroportuario del Sureste, S. A. B. de C. V.
Institutional investors have recently added to or reduced their stakes in the business. Headlands Technologies LLC purchased a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the 4th quarter valued at about $61,000. Wells Fargo & Company MN raised its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 67.5% during the fourth quarter. Wells Fargo & Company MN now owns 345 shares of the transportation company's stock worth $89,000 after acquiring an additional 139 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 41.2% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 346 shares of the transportation company's stock worth $91,000 after acquiring an additional 101 shares during the period. Public Employees Retirement System of Ohio acquired a new stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the third quarter worth about $112,000. Finally, Quantbot Technologies LP acquired a new stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the third quarter worth about $177,000. 10.57% of the stock is owned by hedge funds and other institutional investors.
Grupo Aeroportuario del Sureste, S. A. B. de C. V. Company Profile
(
Get Free Report)
Grupo Aeroportuario del Sureste, S. A. B. de C. V. holds concessions to operate, maintain, and develop airports in the southeast region of Mexico. The company operates airports that are located in the cities of Cancún, Cozumel, Mérida, Huatulco, Oaxaca, Veracruz, Villahermosa, Tapachula, and Minatitlán.
Further Reading
Before you consider Grupo Aeroportuario del Sureste, S. A. B. de C. V., you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Grupo Aeroportuario del Sureste, S. A. B. de C. V. wasn't on the list.
While Grupo Aeroportuario del Sureste, S. A. B. de C. V. currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
