Merrill Lynch Thinks Grupo Aeroportuario del Sureste’s Stock is Going to Recover


In a report released today, Carlos Peyrelongue from Merrill Lynch upgraded Grupo Aeroportuario del Sureste (ASR) to Buy, with a price target of $187. The company’s shares closed yesterday at $141.57, close to its 52-week low of $127.95.

According to TipRanks.com, Peyrelongue is ranked #2194 out of 5108 analysts.

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Grupo Aeroportuario del Sureste with a $187 average price target.

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Grupo Aeroportuario del Sureste’s market cap is currently $3.92B and has a P/E ratio of 13.96. The company has a Price to Book ratio of 2.90.

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Grupo Aeroportuario del Sureste SA de CV is a holding company, which engages in the operation, maintenance, and development of airports through its subsidiaries. It operates through the following segments: Cancun, Aerostar, Airplan, Villahermosa, Merida, Holding and Services, and Other.

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