Santander sets MXN 335 target for Pinfra stock

Published on 10/07/2026 at 16:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 sales hit MXN 6.08 billion, up 23.33 percent year on year. Pinfra stock costs EUR 13.50 on October 7, 2026 after EUR 13.40, plus 0.75 percent.

Pinfra, MX01PI000005, Illustration mit AI erstellt.

Pinfra (ISIN MX01PI000005) was trading at EUR 13.50 at Lang & Schwarz on October 7, 2026 at 4:00 p.m. CEST, plus 0.75 percent versus the prior close of EUR 13.40 on October 6, 2026. Santander initiated coverage with an Outperform rating and a MXN 335 price target on September 23, 2026, as El Heraldo de Mexico reported.

Second-quarter sales rise

Pinfra recorded sales of MXN 6.08 billion in the second quarter of 2026, compared with MXN 4.93 billion in the second quarter of 2025. That represents growth of 23.33 percent year on year, while net income declined to MXN 1.77 billion from MXN 2.14 billion, a decrease of 17.29 percent, according to Simply Wall St on September 22, 2026.

The concessions segment represented 67 percent of consolidated revenue in the second quarter of 2026 and grew 4 percent from the same period of 2025, according to El Heraldo de Mexico.

Target rests on expansion plans

The Santander view is tied to six infrastructure projects expected to enter operation between 2025 and 2027. The projects represent MXN 25.00 billion in capital expenditure and a real internal rate of return of 10 percent, the report said.

The same assessment identified risks including slower Mexican economic growth, political uncertainty, alternative toll routes and delays in implementing real toll increases. For investors, the contrast is clear: second-quarter sales increased 23.33 percent, but net income fell 17.29 percent.

Stock stays below yearly high

Pinfra was valued at MXN 103.4 billion as of October 7, 2026, while its BMV 52-week range stood at MXN 226.13 to MXN 317.99. The Lang & Schwarz euro quote converts to a level within that Mexican peso range, keeping the local range relevant as context rather than as a replacement for the euro reference price.

Pinfra's business covers concessions, construction and manufacturing. Its company profile lists 26 total roads, one bridge operation contract and average daily traffic of 308,675, while annual traffic reached 112.7 million vehicles in 2024, according to the Pinfra company profile.

Euro quote remains positive

At Lang & Schwarz, Pinfra was trading at EUR 13.50 on October 7, 2026 at 4:00 p.m. CEST, up 0.75 percent from the EUR 13.40 prior close dated October 6, 2026. The further course of trading is shown by the continuously updated real-time quote of Pinfra stock.