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 |
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.
Diversified airport portfolio partially mitigated soft performance in Argentina resulting in a 4.2% decline in consolidated revenues ex-IFRIC12 Solid cash position totaling $511 million with Net Debt to LTM Adjusted EBITDA at 0.9x Corporación América Airports S.A. (NYSE:CAAP), ("CAAP" or the "Company") one of the leading private airport operators in the world, reported today its unaudited, consolidated results for the three and nine-month period ended September 30, 2024. Financial results are expressed in millions of U.S. dollars and are prepared in accordance with International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board ("IASB"). Co
Total passenger traffic down 4.0% YoY, or 1.6% YoY ex-Natal International passenger traffic up 3.8% YoY; up 7.0% YoY in Argentina Corporación América Airports S.A. (NYSE:CAAP), ("CAAP" or the "Company"), one of the leading private airport operators in the world, reported today a 4.0% year-on-year (YoY) decrease in passenger traffic in October 2024. Excluding Natal for comparison purposes, total traffic in October decreased by 1.6% YoY. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241118202406/en/Monthly Passenger Traffic Performance (In million PAX) (Graphic: Business Wire) Passenger Traffic, Cargo Volume and Aircraft Mo
Corporación América Airports S.A. (NYSE:CAAP), one of the leading private airport operators in the world, today announced that it will report its Third Quarter 2024 results on Wednesday, November 20, after market closes. We remind all participants to connect through the telephone in order to ask questions. Earnings Release Wednesday, November 20, 2024 Time: After Market Closes Conference Call Thursday, November 21, 2024 Time: 10:00 am Eastern Time Executives Mr. Martín Eurnekian, Chief Executive Officer Mr. Jorge Arruda, Chief Financial Officer Mr. Patricio Iñaki Esnaola, Head of Investor Relations To participate, please dial in 1-800-549-8228 (North America, Toll Free) 1-289-819-15
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
Citigroup upgraded Corporación América Airports from Neutral to Buy
Diversified airport portfolio partially mitigated soft performance in Argentina resulting in a 4.2% decline in consolidated revenues ex-IFRIC12 Solid cash position totaling $511 million with Net Debt to LTM Adjusted EBITDA at 0.9x Corporación América Airports S.A. (NYSE:CAAP), ("CAAP" or the "Company") one of the leading private airport operators in the world, reported today its unaudited, consolidated results for the three and nine-month period ended September 30, 2024. Financial results are expressed in millions of U.S. dollars and are prepared in accordance with International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board ("IASB"). Co
Total passenger traffic down 4.0% YoY, or 1.6% YoY ex-Natal International passenger traffic up 3.8% YoY; up 7.0% YoY in Argentina Corporación América Airports S.A. (NYSE:CAAP), ("CAAP" or the "Company"), one of the leading private airport operators in the world, reported today a 4.0% year-on-year (YoY) decrease in passenger traffic in October 2024. Excluding Natal for comparison purposes, total traffic in October decreased by 1.6% YoY. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241118202406/en/Monthly Passenger Traffic Performance (In million PAX) (Graphic: Business Wire) Passenger Traffic, Cargo Volume and Aircraft Mo
Corporación América Airports S.A. (NYSE:CAAP), one of the leading private airport operators in the world, today announced that it will report its Third Quarter 2024 results on Wednesday, November 20, after market closes. We remind all participants to connect through the telephone in order to ask questions. Earnings Release Wednesday, November 20, 2024 Time: After Market Closes Conference Call Thursday, November 21, 2024 Time: 10:00 am Eastern Time Executives Mr. Martín Eurnekian, Chief Executive Officer Mr. Jorge Arruda, Chief Financial Officer Mr. Patricio Iñaki Esnaola, Head of Investor Relations To participate, please dial in 1-800-549-8228 (North America, Toll Free) 1-289-819-15
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)