Jefferies lowered the firm’s price target on Asur (ASR) to $310 from $321 and keeps a Hold rating on the shares. Latin America airports’ upcoming Q4 results should show traffic recoveries across most geographies, though Asur’s Cancun airport continues to see steady year-over-year traffic drops, the analyst tells investors.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ASR:
- ASUR Sees January 2025 Passenger Traffic Increase Driven by Colombia and Puerto Rico
- Asur reports January passenger traffic up 1.7% year-over-year
- Asur price target lowered to MXN 534 from MXN 543 at Barclays
- ASUR Reports Mixed Passenger Traffic Growth in December 2024
- Asur reports December passenger traffic up 2.3% y/y