Aena – Largest Euro IPO Since 2011 – A Quick Look At Valuation

By Jan Martínek Largest European IPO since 2011 up 21% since its launch Shares performed strongly despite the fact that there is no analyst report published yet Our valuation shows 30% further upside Aena in play – activist investor TCI became the largest investor will most likely push for further improvements to earn further upside Aena, which is based in Spain, is the world’s biggest airport operator. The company runs 46 airports and two heliports in Spain and another 15 in Latin America, the United States, and Europe, including London’s Luton. It handled nearly 196 million passengers last year, a 4.5%…