Analysts Set Corporacion America Airports S.A. (NYSE:CAAP) PT at $30.12

Corporacion America Airports S.A. (NYSE:CAAP) has been given a consensus recommendation of “Moderate Buy” by the six research firms that are presently covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $30.1250.

A number of research analysts recently weighed in on CAAP shares. Zacks Research raised shares of Corporacion America Airports from a “strong sell” rating to a “hold” rating in a research report on Monday, July 6th. Weiss Ratings reiterated a “buy (b)” rating on shares of Corporacion America Airports in a research note on Wednesday, June 24th. Wall Street Zen lowered shares of Corporacion America Airports from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 16th. Finally, JPMorgan Chase & Co. lifted their target price on Corporacion America Airports from $30.00 to $33.00 and gave the company an “overweight” rating in a report on Monday, June 15th.

Corporacion America Airports Stock Performance

Shares of Corporacion America Airports stock opened at $24.02 on Tuesday. The company has a market cap of $3.97 billion, a PE ratio of 13.65, a price-to-earnings-growth ratio of 0.67 and a beta of 0.70. The business has a 50 day moving average price of $25.60 and a 200-day moving average price of $26.10. Corporacion America Airports has a 52 week low of $17.36 and a 52 week high of $30.50. The company has a quick ratio of 1.38, a current ratio of 1.40 and a debt-to-equity ratio of 0.50.

Institutional Investors Weigh In On Corporacion America Airports

Large investors have recently added to or reduced their stakes in the company. Qube Research & Technologies Ltd lifted its position in Corporacion America Airports by 328.8% in the 2nd quarter. Qube Research & Technologies Ltd now owns 65,051 shares of the company’s stock worth $1,318,000 after buying an additional 49,882 shares during the last quarter. Canada Pension Plan Investment Board raised its stake in shares of Corporacion America Airports by 49.5% during the second quarter. Canada Pension Plan Investment Board now owns 63,613 shares of the company’s stock valued at $1,289,000 after acquiring an additional 21,052 shares during the last quarter. Raymond James Financial Inc. lifted its holdings in Corporacion America Airports by 2.9% in the 2nd quarter. Raymond James Financial Inc. now owns 68,680 shares of the company’s stock worth $1,391,000 after buying an additional 1,943 shares during the period. Jane Street Group LLC purchased a new stake in Corporacion America Airports in the second quarter worth $295,000. Finally, PDT Partners LLC lifted its position in shares of Corporacion America Airports by 63.8% in the 2nd quarter. PDT Partners LLC now owns 48,704 shares of the company’s stock worth $987,000 after purchasing an additional 18,972 shares during the period. Hedge funds and other institutional investors own 12.95% of the company’s stock.

About Corporacion America Airports

Corporación América Airports SA operates as a global airport infrastructure and services company, specializing in the development, acquisition and management of airport concessions. Headquartered in Buenos Aires, Argentina, the firm oversees long-term agreements that cover the planning, design, financing and ongoing operation of airport facilities. Its integrated approach aims to enhance operational efficiency and passenger experience through modernized terminals and streamlined processes.

The company’s core activities encompass passenger handling, cargo operations and ancillary services such as retail concessions, food and beverage outlets, ground handling, fueling and airport parking.