OMA price target raised to MXN 241 from MXN 234 at Barclays

Barclays raised the firm’s price target on OMA (OMAB) to MXN 241 from MXN 234 and keeps an Overweight rating on the shares. The firm fine-tuned traffic estimates on all Mexican airports following airlines expected capacity deployment in the near term. It now uses a higher equity risk premium to reflect a more volatile environment for Mexico, driving the downgrade of GAP Airports.