Scotia Initiates Coverage on Grupo Aeroportuario del Centro Norte (OMAB)

July 6, 2009 12:50 PM EDT

Scotia initiates coverage on Grupo Aeroportuario del Centro Norte (Nasdaq: OMAB) with an Outperform. Price target $13.

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Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMA) holds concessions to operate, maintain and develop 13 airports in Mexico, which serve a major metropolitan area (Monterrey), three tourist destinations (Acapulco, Mazatlan and Zihuatanejo), regional centers (Chihuahua, Culiacan, Durango, San Luis Potosí, Tampico, Torreon and Zacatecas) and border cities (Ciudad Juarez and Reynosa).


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