Grupo Simec, SA De CV (SIM) Valuation According To Analysts

Marco Green
June 14, 2017

They now have a Dollars 130 price target on the stock.

SIM has been the subject of several research analyst reports.

As analysts monitor volatile markets in recent weeks they have updated their price targets on shares of Grupo Simec, S.A.de C.V. (SIM). Grupo Aeroportr dl Pcfco SAB de CV (ADR) (NYSE:PAC) has risen 8.14% since June 13, 2016 and is uptrending.

This piece was reported by Transcript Daily and is the property of of Transcript Daily. If you are reading this article on another publication, it was stolen and republished in violation of United States and global copyright & trademark legislation. (The) lowered Grupo Aeroportuario del Sureste, S.A.de C.V. from a "buy" rating to a "neutral" rating in a report on Wednesday, February 15th.

About 31,595 shares traded. Four research analysts have rated the stock with a hold rating, The company now has an average rating of "Hold" and an average price target of $13.00. Grupo Aeroportuario del Centro Norte S.A.B.de C.V.

The company also recently announced a special dividend, which was paid on Thursday, May 18th. The ex-dividend date was Thursday, May 11th. This represents a dividend yield of 1.7%. Northwestern Mutual Investment Management Company LLC's holdings in Grupo Aeroportuario del Sureste, S.A.de C.V. were worth $3,118,000 at the end of the most recent reporting period. World Asset Management Inc now owns 2,970 shares of the transportation company's stock worth $288,000 after buying an additional 23 shares in the last quarter.

01/15/2015 - Grupo Simec, S.A.de C.V. was downgraded to "neutral" by analysts at Goldman Sachs. Columbia Wanger Asset Management LLC now owns 426,769 shares of the transportation company's stock worth $61,408,000 after buying an additional 11,000 shares in the last quarter. Bank of Montreal Can increased its stake in shares of Grupo Aeroportuario Del Pacifico, S.A.de C.V.by 5.2% in the first quarter. The stock has "Sell" rating by Goldman Sachs on Tuesday, September 8. Analytic Investors LLC now owns 9,790 shares of the transportation company's stock worth $930,000 after buying an additional 430 shares in the last quarter. Freestone Capital Holdings LLC boosted its stake in shares of Grupo Aeroportuario del Sureste, S.A.de C.V.by 12.0% in the fourth quarter. Institutional investors and hedge funds own 6.12% of the company's stock. This is an increase from Grupo Aeroportuario del Sureste, S.A.de C.V.'s previous annual dividend of $2.70. Grupo Aeroportuario Del Pacifico, S.A.de C.V.'s payout ratio is presently 57.10%. The Company, through its subsidiaries, holds concessions to operate, maintain and develop over 10 airports in Mexico. The Company also engages in various commercial and diversification activities conducted at its airports, such as the leasing of space to restaurants and retailers, the operation of parking facilities, and the operation of the NH Terminal 2 Hotel and the Hilton Garden Inn Hotel at the Monterrey airport. The Company's segments include Metropolitan, Tourist, Regional, Border, Hotel and Other.

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