Latest news with #GAPAirports
Business Insider
2 days ago
- Business
- Business Insider
GAP Airports downgraded to Underperform from Neutral at BofA
BofA analyst Carlos Peyrelongue downgraded GAP Airports (PAC) to Underperform from Neutral with a $258.40 price target Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Business Insider
2 days ago
- Business
- Business Insider
BofA downgrades GAP Airports to Underperform on ‘rich valuation'
BofA downgraded GAP Airports (PAC) to Underperform from Neutral with a price target of $258.40, up from $213.50. The firm cites the stock's 'rich valuation' for the downgrade, noting the shares are trading at a historically high 38% premium to the average multiple of peers. In addition, the slowing Mexican economy 'could spur headwinds ahead,' the analyst tells investors in a research note. BofA remains cautious on a stronger than expected traffic recovery in Mexico. Confident Investing Starts Here:
Business Insider
07-05-2025
- Business
- Business Insider
GAP Airports reports preliminary April traffic figures
GAP Airports (PAC) announces preliminary terminal passenger traffic figures for April 2025, compared with April 2024. For April 2025, the total number of terminal passengers at GAP's 12 Mexican airports increased by 9.9%, compared to April 2024. Tijuana, Guadalajara, Los Cabos, and Puerto Vallarta airports presented an increase in passenger traffic of 10.0%, 9.0%, 8.7%, and 5.7% respectively, compared to April 2024. On the other hand, Montego Bay presented a decrease in passenger traffic of 1.3%, compared to April 2024. Seats and load factors: The seats available during April 2025 increased by 11.0%, compared to April 2024. The load factors for the month went from 81.8% in April 2024 to 80.4% in April 2025. Protect Your Portfolio Against Market Uncertainty
