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Enter Symbol:
Rating: ASR
Sell

Grupo Aeroportuario Del Sureste (NYSE: ASR) rated to Sell by Citigroup

Thursday,  Jan 9, 2014  11:25 AM ET by Kristen Bailey

Citigroup rated Grupo
Aeroportuario Del Sureste (NYSE: ASR) to Sell.

Grupo Aeroportuario del Sureste, S.A.B. de C.V. (ASUR) is engaged in operating, maintaining and developing nine airports in the southeast region of Mexico. The Company?s concessions include the concession for Cancun International Airport. It also holds concessions to operate the airports in Cozumel, Huatulco, Merida, Minatitlan, Oaxaca, Tapachula, Veracruz and Villahermosa. As operators of these airports, the Company charges airlines, passengers and other users fees for the use of the airports? facilities. It also derives rental and other income from commercial activities conducted at its airports, such as the leasing of space to restaurants and retailers.

Citi Investment Research is a highly respected research unit and is comprised of 390 research analysts across 22 countries. Citi Investment Research covers 3,100 companies, representing 90 percent of the market capitalization of the major global indices, and provides macro and quantitative analysis of global markets and sector trends. Combined with Citi's exceptional sales and trading capabilities and Smith Barney's financial consultants, the core focus of the group is to help investing clients make informed decisions by providing value-added, independent, insightful analysis.



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