Citigroup Upgrades Corporacion America to Buy, Announces $21 Price Target
$CAAP
Aerospace
Consumer Discretionary
Citigroup analyst Stephen Trent upgrades Corporacion America (NYSE:CAAP) from Neutral to Buy and announces $21 price target.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/9/2024 | Neutral → Buy | Citigroup |
SC 13G/A - CORPORACION AMERICA AIRPORTS S.A. (0001717393) (Subject)
SC 13G/A - CORPORACION AMERICA AIRPORTS S.A. (0001717393) (Subject)
SC 13G/A - CORPORACION AMERICA AIRPORTS S.A. (0001717393) (Subject)
Citigroup upgraded Corporación América Airports from Neutral to Buy
LUXEMBOURG--(BUSINESS WIRE)--Corporación América Airports S.A. (NYSE: CAAP), (“CAAP” or the “Company”) the largest private sector airport operator in the world by number of airports, announced today that Mr. Jorge Arruda, who joined the Company in 2014 and currently serves as Head of Finance and M&A as well as CEO of Inframerica Brazil, has been appointed to the position of Chief Financial Officer of CAAP effective May 1, 2021. Mr. Arruda will succeed Mr. Raúl Francos, who serves as the Company’s CFO since 2017 and, prior to that, as CFO of AA2000, the Company’s main subsidiary, between 2003 and 2018. Mr. Francos will stay on through May 1, 2021, to ensure an orderly transition and
Total passenger traffic down 3.6% YoY, or 1.2% YoY ex-Natal International passenger traffic up 5.4% YoY Corporación América Airports S.A. (NYSE:CAAP), ("CAAP" or the "Company"), one of the leading private airport operators in the world, reported today a 3.6% year-on-year (YoY) decrease in passenger traffic in September 2024. Excluding Natal for comparison purposes, total traffic in September decreased by 1.2% YoY. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241016585699/en/Monthly Passenger Traffic Performance (In million PAX) (Graphic: Business Wire) Passenger Traffic, Cargo Volume and Aircraft Movements Highlights
Corporación América Airports S.A. (NYSE:CAAP), ("CAAP" or the "Company"), one of the world's leading private airport operators, announced today that the Argentine airport regulator, Organismo Regulador del Sistema Nacional de Aeropuertos ("ORSNA"), has published Resolution No. 29/2024, approving an increase in the domestic passenger fee from ARS2,540 to ARS5,685, for airports operated by its subsidiary, Aeropuertos Argentina 2000 ("AA2000"). The new tariff applies to tickets issued from the date of the resolution's publication and for travel occurring after thirty calendar days from that date. About Corporación América Airports Corporación América Airports acquires, develops and operates
Total passenger traffic down 3.8% YoY, or 1.5% YoY ex-Natal International passenger traffic up 5.8% YoY Corporación América Airports S.A. (NYSE:CAAP), ("CAAP" or the "Company"), one of the leading private airport operators in the world, reported today a 3.8% year-on-year (YoY) decrease in passenger traffic in August 2024. Excluding Natal for comparison purposes, total traffic in August decreased by 1.5% YoY. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240919993081/en/Monthly Passenger Traffic Performance (In million PAX) (Photo: Business Wire) Passenger Traffic, Cargo Volume and Aircraft Movements Highlights (2024 vs. 2023
Total passenger traffic down 3.6% YoY, or 1.2% YoY ex-Natal International passenger traffic up 5.4% YoY Corporación América Airports S.A. (NYSE:CAAP), ("CAAP" or the "Company"), one of the leading private airport operators in the world, reported today a 3.6% year-on-year (YoY) decrease in passenger traffic in September 2024. Excluding Natal for comparison purposes, total traffic in September decreased by 1.2% YoY. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241016585699/en/Monthly Passenger Traffic Performance (In million PAX) (Graphic: Business Wire) Passenger Traffic, Cargo Volume and Aircraft Movements Highlights
Corporación América Airports S.A. (NYSE:CAAP), ("CAAP" or the "Company"), one of the world's leading private airport operators, announced today that the Argentine airport regulator, Organismo Regulador del Sistema Nacional de Aeropuertos ("ORSNA"), has published Resolution No. 29/2024, approving an increase in the domestic passenger fee from ARS2,540 to ARS5,685, for airports operated by its subsidiary, Aeropuertos Argentina 2000 ("AA2000"). The new tariff applies to tickets issued from the date of the resolution's publication and for travel occurring after thirty calendar days from that date. About Corporación América Airports Corporación América Airports acquires, develops and operates
Total passenger traffic down 3.8% YoY, or 1.5% YoY ex-Natal International passenger traffic up 5.8% YoY Corporación América Airports S.A. (NYSE:CAAP), ("CAAP" or the "Company"), one of the leading private airport operators in the world, reported today a 3.8% year-on-year (YoY) decrease in passenger traffic in August 2024. Excluding Natal for comparison purposes, total traffic in August decreased by 1.5% YoY. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240919993081/en/Monthly Passenger Traffic Performance (In million PAX) (Photo: Business Wire) Passenger Traffic, Cargo Volume and Aircraft Movements Highlights (2024 vs. 2023
6-K - CORPORACION AMERICA AIRPORTS S.A. (0001717393) (Filer)
6-K - CORPORACION AMERICA AIRPORTS S.A. (0001717393) (Filer)
6-K - CORPORACION AMERICA AIRPORTS S.A. (0001717393) (Filer)
Citigroup analyst Stephen Trent maintains Corporacion America (NYSE:CAAP) with a Buy and raises the price target from $21 to $21.5.