Corporacion America Airports SA (CAAP)

[ClayTrader]

* * $CAAP Video Chart 12-01-2020 * *

Link to Video - click here to watch the technical chart video

[conix]

Corporacion America Airports--Target Price $23.00 from Goldman Sachs

Consumers always need to travel, and this company is a great way to play a very limited subsector. Corporacion America Airports S.A. (NYSE: CAAP) is a global airport concessions operator, managing 52 airports across seven different countries in Latin America, Europe and Eurasia. The company is ranked number one in number of airports and number nine in terms of traffic. Out of the current 52 airports, 34 belong to AA2000 concession, which represents 62% of total airports in Argentina.

The company posted solid results this past week, with EBITDA of $136.5 million, which was up 8.8% year over year and was 4.8% better than expected, for a margin of 40.8%, compared with 36% last year.

The stunning $23 Goldman Sachs price target towers over the $17.17 consensus target. The shares ended the week at $7.98.

[T695]

Earnings in a minute, let’s see how it goes

[T695]

Looks interesting here

[Ache Shoe Alley]

UUUU

[Ache Shoe Alley]

$CAAP ,GOING TO RUN U.S. AIRPORTS, NO MORE LINES WHILE TSA TAKES 1 HR. LUNCH BREAKS, SOON, PLEASE .