Corporacion America Airports SA (NYSE:CAAP) has been assigned a consensus broker rating score of 2.00 (Buy) from the two brokers that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a hold recommendation and one has issued a strong buy recommendation on the company. Corporacion America Airports’ rating score has declined by 100% from three months ago as a result of a number of analysts’ upgrades and downgrades.
Analysts have set a 12 month consensus price target of $11.00 for the company and are forecasting that the company will post $0.46 earnings per share for the current quarter, according to Zacks. Zacks has also given Corporacion America Airports an industry rank of 83 out of 255 based on the ratings given to related companies.
Several equities research analysts recently commented on CAAP shares. Zacks Investment Research downgraded shares of Corporacion America Airports from a “hold” rating to a “sell” rating in a research report on Monday, November 18th. Oppenheimer downgraded shares of Corporacion America Airports from an “outperform” rating to a “market perform” rating in a research report on Friday, November 22nd.
Shares of NYSE:CAAP traded down $0.23 during mid-day trading on Wednesday, hitting $4.10. The stock had a trading volume of 215,583 shares, compared to its average volume of 186,113. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.00 and a current ratio of 1.02. The company has a market cap of $692.90 million, a PE ratio of 102.50, a P/E/G ratio of 0.17 and a beta of 1.78. Corporacion America Airports has a 12-month low of $3.73 and a 12-month high of $8.69. The company’s 50 day moving average is $4.14 and its 200-day moving average is $6.08.
About Corporacion America Airports
Corporación América Airports SA acquires, develops, and operates airport concessions. It operates 52 airports in Latin America, Europe, and Eurasia. The company was formerly knwona as A.C.I. Airports International S.à r.l. The company was founded in 1998 and is based in Luxembourg City, Luxembourg. Corporación América Airports SA is a subsidiary of A.C.I.
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