Grupo Aeroportr dl Pcfco SAB de CV (ADR) (PAC) is Downgraded by BofA/Merrill to Underperform

Grupo Aeroportr dl Pcfco SAB de CV (ADR) (PAC) was Downgraded by BofA/Merrill to ” Underperform”. Earlier the firm had a rating of “Neutral ” on the company shares. BofA/Merrill advised their investors in a research report released on Jun 2, 2016.

Grupo Aeroportr dl Pcfco SAB de CV (ADR) closed down -1.02 points or -1.01% at $99.89 with 58,421 shares getting traded on Wednesday. Post opening the session at $100.59, the shares hit an intraday low of $99.765 and an intraday high of $101.05 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

Grupo Aeroportuario del Pacifico SAB de CV is a Mexico-based company that operates maintains and develops airports in the Pacific and Central regions of Mexico. Its airports serve international routes including Guadalajara-Los Angeles. In addition its airports serve resort destinations such as Puerto Vallarta and Los Cabos. Its airports also serve domestic routes including Guadalajara-Mexico City. Its other domestic routes in terms of total passenger traffic include Mexico City-Tijuana and Guadalajara-Tijuana. The Company’s airports handled approximately 24.7 million terminal passengers. This airport also serves business travelers traveling to and from Guadalajara. A total of over 12 airlines operate at the airport the principal ones being Volaris Aeromexico Group and Interjet. The airport has two operating runways. The airport’s facilities include a main commercial terminal with a parking facility and a general aviation building.

Grupo Aeroportr dl Pcfco SAB de CV (ADR)

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Grupo Aeroportr dl Pcfco SAB de CV (ADR) - Is it time to Sell?

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