What Does Wall Street Think About Corporacion America Airports (CAAP)?

Corporación América Airports S.A. (NYSE:CAAP) is one of the best airport and air services stocks to buy. On August 21, Bank of America Securities analyst Carlos Peyrelongue reiterated a Buy rating on Corporación América Airports S.A. (NYSE:CAAP) and set a price target of $24.70.

The same day, Jefferies analyst Alejandro Demichelis also maintained a Buy rating on the stock and set a price target of $28.00.

Corporación América Airports S.A. (NYSE:CAAP) has an analyst consensus of Strong Buy, and its median price target of $21.43 implies an upside of 11.99% from current levels.

Corporación América Airports S.A. (NYSE:CAAP) is involved in the development, acquisition, and management of airport concessionaires. Its operations are divided into the following geographical segments: Argentina, Italy, Brazil, Uruguay, Ecuador, and Armenia.

The company conducts its operations in international airports, including Aeroparque Airport, Brasilia Airport, Iguazu, Bariloche, Florence Airport, and Galapagos Ecological Airport.

While we acknowledge the potential of CAAP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.