Santander set MXN 335 target for Pinfra stock

Published on 10/09/2026 at 15:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter sales hit MXN 6.08 billion, up 23.20 percent year over year. Pinfra stock costs EUR 13.40 on October 9, 2026 after EUR 13.60.

Key points in brief

Santander started coverage of Pinfra with an MXN 335 price target on September 23, 2026.
Second-quarter 2026 sales reached MXN 6.08 billion, up 23.20 percent year over year.
Pinfra stock was trading at EUR 13.40 at Lang & Schwarz on October 9, 2026, down 1.47 percent versus EUR 13.60.
Pinfra operates 26 roads and reported 308,675 average daily traffic in its company profile.

Pinfra, MX01PI000005, Illustration mit AI erstellt.

Santander set an MXN 335 price target for Pinfra stock when it started coverage on September 23, 2026, with an Outperform recommendation, according to El Heraldo de Mexico. The report linked the view to Pinfra's concession portfolio and six projects at different construction stages.

Three dates frame the stock

On September 22, 2026, Simply Wall St reported second-quarter 2026 sales of MXN 6.08 billion, up from MXN 4.93 billion a year earlier. On September 23, Santander's target was published at MXN 335, while on October 9, 2026, Pinfra stock was trading at EUR 13.40 at Lang & Schwarz.

What does the latest quarter mean?

The quarter combined a 23.20 percent year-over-year sales increase with net income of MXN 1.77 billion, down from MXN 2.14 billion a year earlier, according to Simply Wall St. That mix puts operating execution and profitability alongside the growth in reported sales, rather than making revenue growth the only measure of the latest quarter.

Concessions represented 67 percent of consolidated revenue in the second quarter, with growth of 4 percent from the same period of 2025, according to El Heraldo de Mexico. Santander also identified risks including slower Mexican economic growth, delays to toll increases and competition from alternative routes.

Infrastructure base and market value

Pinfra's company profile describes three business lines: Manufacturing, Concessions and Construction. It lists 26 roads, 308,675 average daily traffic and 112.7 million vehicles of annual traffic in 2024, according to Pinfra.

The company's market capitalization was MXN 104.8 billion on October 9, 2026. Global Banking and Finance identifies PINFRA.MX as listed on the BMV under ISIN MX01PI000005.

Stock trades lower in October

Pinfra stock was trading at EUR 13.40 at Lang & Schwarz on October 9, 2026 at 3:40 p.m. CEST, down 1.47 percent versus the prior close of EUR 13.60 on October 8, 2026. The Lang & Schwarz bid was EUR 12.80 and the ask was EUR 14.00.

The further course of trading is shown by the continuously updated real-time quote of Pinfra stock.