Report
Chris Higgins
EUR 100.00 For Business Accounts Only

Pacifico has healthy exposure to domestic and international travel in Mexico.

Best Idea Grupo Aeroportuario del Pacifico held an investor day that confirmed our long-term thesis and highlighted management’s strategy to capitalize on increasing passenger traffic. We’re maintaining our $120 per ADR fair value estimate (MXN 225 for local shares), which implies roughly 20% upside in the shares. 
Lower fares for travelers thanks to more intense competition among airlines has fueled growth at Pacifico’s airports. Seat capacity in Mexico is also up more than 8% year over year in...
Underlying
Grupo Aeroportuario del Pacifico S.A. de C.V. ADS

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

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We have operations in 27 countries.

Analysts
Chris Higgins

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