Bank of America Securities Sticks to Their Buy Rating for Grupo Aeroportuario del Pacifico (PAC)

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In a report released today, Carlos Peyrelongue from Bank of America Securities maintained a Buy rating on Grupo Aeroportuario del Pacifico (PAC – Research Report). The company’s shares opened today at $172.16.

According to TipRanks, Peyrelongue is a 3-star analyst with an average return of 4.1% and a 56.25% success rate. Peyrelongue covers the Industrials sector, focusing on stocks such as Grupo Aeroportuario del Pacifico, Grupo Aeroportuario Del Centro, and Grupo Aeroportuario del Sureste.

Currently, the analyst consensus on Grupo Aeroportuario del Pacifico is a Moderate Buy with an average price target of $196.00, implying a 13.85% upside from current levels. In a report released on October 14, Citi also maintained a Buy rating on the stock with a $206.00 price target.

PAC market cap is currently $8.85B and has a P/E ratio of 16.21.

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Grupo Aeroportuario del Pacifico (PAC) Company Description:

Grupo Aeroportuario del Pacífico SAB de CV engages in the operation of a international airports in Mexico and Jamaica. It operates through the following segments: Guadalajara, Tijuana, Puerto Vallarta, Los Cabos, Montego Bay, Hermosillo, Bajío, and Other Airports. The company was founded on May 28, 1998 and is headquartered in Guadalajara, Mexico.

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Bank of America Securities Sticks to Their Buy Rating for Grupo Aeroportuario del Pacifico (PAC)

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