Goldman Sachs Maintains Neutral Rating for Corporacion America: Here's What You Need To Know

Goldman Sachs has decided to maintain its Neutral rating of Corporacion America CAAP and raise its price target from $8.80 to $16.80.

Shares of Corporacion America are trading down 0.07% over the last 24 hours, at $14.06 per share.

A move to $16.80 would account for a 19.49% increase from the current share price.

About Corporacion America

Corporacion America Airports SA acquires, develops and operates airport concessions. Its operating segments are geographically divided into Argentina, Italy, Brazil, Uruguay, Ecuador and Armenia. The company generates a majority of its revenue from the Argentina segment. The firm's revenue is categorized into Aeronautical Revenue, Non-Aeronautical Revenue, Commercial Revenue, Construction Service Revenue, and Other Revenue.

About Analyst Ratings

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Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.