Barclays analyst Pablo Monsivais initiated coverage of Grupo Aeromexico (AERO) with an Overweight rating and $27 price target The firm says the company’s “strong” slot position at the Mexico City airport and “leaner” cost structure post restructuring will support “robust” cash flow. Aeromexico offers a “compelling investment case” given its solid industry fundamentals and discounted valuation, the analyst tells investors in a research note.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AERO:
- Grupo Aeromexico initiated with a Buy at Deutsche Bank
- Grupo Aeromexico initiated with an Overweight at JPMorgan
- Grupo Aeroméxico Releases Interim Financial Statements for 2025
- Grupo Aeromexico initiated with an Outperform at Itau BBA
- Grupo Aeroméxico Calls for Shareholders’ Meeting on Governance Changes