Should Investors Be Buying Grupo Aeroportuario Del Sureste (ASR) Stock Following Today’s Citigroup Upgrade?

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Logo

Grupo Aeroportuario Del Sureste (ASR) Stock Upgrade

In an analyst report issued today, Citigroup increased shares of Grupo Aeroportuario Del Sureste (ASR) to a solid “Neutral” rating from their previous “Sell” rating.

The stock decreased 0.39% or $0.56 during the last trading session, reaching $141.57. About 61,022 shares traded or 16.77% up from the average. Grupo Aeroportuario del Sureste, S. A. B. de C. V. (ASR) has declined 19.51% since December 12, 2017 and is downtrending. It has underperformed by 19.51% the S&P500.

Analysts await Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) to report earnings on February, 28. They expect $1.76 earnings per share, down 54.17 % or $2.08 from last year’s $3.84 per share. ASR’s profit will be $53.21M for 20.11 P/E if the $1.76 EPS becomes a reality. After $1.76 actual earnings per share reported by Grupo Aeroportuario del Sureste, S. A. B. de C. V. for the previous quarter, Wall Street now forecasts 0.00 % EPS growth.

Grupo Aeroportuario del Sureste, S. A. The company has market cap of $4.28 billion. B. de C. It has a 14.61 P/E ratio. V. holds concessions to operate, maintain, and develop airports in the southeast region of Mexico.

More notable recent Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) news were published by: Seekingalpha.com which released: “Norfolk Southern commences $1.2B accelerated share repurchase program – Seeking Alpha” on August 03, 2018, also Zacks.com with their article: “QUALCOMM to Buy Back $16B Shares From Banks in ASR Agreement – Zacks.com” published on September 14, 2018, Seekingalpha.com published: “44 Industrial ‘Safer’ Dividend WallStars Bagged In November By Dividend Dogcatcher – Seeking Alpha” on November 23, 2018. More interesting news about Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) were released by: Fool.com and their article: “Grupo Aeroportuario del Sureste SAB de CV Continued to Battle Some Turbulence in Q3 – The Motley Fool” published on October 23, 2018 as well as Seekingalpha.com‘s news article titled: “Mexican stocks sink after ruling party proposes cutting bank fees – Seeking Alpha” with publication date: November 12, 2018.

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