AENA is revalued 27.6% in its first three days in bag
Titles are Aena have appreciated a 27.6% in three days which has been quoting in the continuous market, after its departure to bag last Wednesday at a price of 58 euros per share and closed Friday at 74 euros (see: Aena comes to bag valued at 8,700 M € 58 € per share).
Spanish airports Manager closed the week with confirmation of good data of air traffic at the start of the year, with 11.5 million passengers in January, up 5.3%, which chains fifteen consecutive months of growth, with 120.307 aircraft movements, one 3.3% increase.
Aena celebrated their arrival at the park with a rebound of 20.69% last Wednesday (see: Aena debuts in bag with hikes of up to 20%). The value has managed to maintain that trend upward, although with more moderate increases, and close the session on Friday with profit of 5.71%, which allowed him to reach the 74 euros per share.
XTB Jaime ten analyst explained that the price of 58 euros per share with which debuted “balanced their ratios against their competitors” and adds that “only getting results like this year’s sustainable such a valuation and the great weight of its debt,” said.
Ten said that the company enjoys significant strengths as being almost a monopoly in one of the main destinations of the world, that next to the depreciation of the euro and to the better performance of the European economy can help increase their results.
At negative level analyst puts his little diversification and presence international, as well as their dependence on the Ryanair company, which, in his view, concentrated the risks and reduced value to the company.