Fraport AG (OTCMKTS:FPRUY – Get Rating) has received a consensus recommendation of “Hold” from the seven ratings firms that are presently covering the firm, Marketbeat.com reports. Four analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $53.67.
FPRUY has been the topic of a number of analyst reports. HSBC upgraded shares of Fraport from a “hold” rating to a “buy” rating in a report on Friday, March 18th. JPMorgan Chase & Co. lowered their target price on shares of Fraport from €65.00 ($68.42) to €57.00 ($60.00) and set a “neutral” rating on the stock in a report on Thursday, March 17th. Exane BNP Paribas upgraded shares of Fraport from an “underperform” rating to a “neutral” rating and set a €50.00 ($52.63) target price on the stock in a report on Friday, April 8th. Deutsche Bank Aktiengesellschaft lowered shares of Fraport from a “buy” rating to a “hold” rating in a research note on Wednesday, April 6th. Finally, Barclays decreased their price objective on shares of Fraport from €57.00 ($60.00) to €54.00 ($56.84) in a research note on Wednesday, March 16th.
FPRUY opened at $26.85 on Thursday. Fraport has a fifty-two week low of $24.32 and a fifty-two week high of $39.58. The company’s 50-day moving average is $27.02 and its 200 day moving average is $30.42.
Fraport AG owns and operates airports in Germany, rest of Europe, Asia, and the United States. The company primarily focuses on the operation of Frankfurt Main airport. The company operates through four segments: Aviation, Retail & Real Estate, Ground Handling, and International Activities & Services.
- Get a free copy of the StockNews.com research report on Fraport (FPRUY)
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