Oppenheimer Thinks Corporacion America Airports SA’s Stock is Going to Recover

By Ryan Adsit

Oppenheimer analyst Ian Zaffino maintained a Buy rating on Corporacion America Airports SA (NYSE: CAAP) yesterday. The company’s shares closed yesterday at $12.01, close to its 52-week low of $11.84.

According to TipRanks.com, Zaffino is a 4-star analyst with an average return of 2.9% and a 55.3% success rate. Zaffino covers the Services sector, focusing on stocks such as Servicemaster Global Holdings, Versum Materials, and Peak Resorts.

Corporacion America Airports SA has an analyst consensus of Moderate Buy.

The company has a one-year high of $17.99 and a one-year low of $11.84. Currently, Corporacion America Airports SA has an average volume of 543.8K.

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Corporacion America Airports SA engages in acquiring, developing, and managing airport concessions. It operates through the following geographical segments: Argentina, Italy, Brazil, Uruguay, Ecuador, Armenia, and Peru. The company was founded on December 14, 2012 and is headquartered in Luxembourg.