Barclays Reiterates “€65.00” Price Target for Fraport AG Frankfurt Arprt Svcs Wrldwde (FRA:FRA)

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Fraport AG Frankfurt Arprt Svcs Wrldwde (FRA:FRA) received a €65.00 ($75.58) target price from equities research analysts at Barclays in a report released on Wednesday, October 3rd. The brokerage currently has a “sell” rating on the stock. Barclays’ price objective suggests a potential downside of 2.99% from the company’s previous close.

A number of other brokerages have also recently commented on FRA. HSBC set a €78.00 ($90.70) price target on Fraport AG Frankfurt Arprt Svcs Wrldwde and gave the stock a “neutral” rating in a research report on Friday, June 15th. Royal Bank of Canada set a €78.00 ($90.70) price target on Fraport AG Frankfurt Arprt Svcs Wrldwde and gave the stock a “sell” rating in a research report on Thursday, July 26th. Kepler Capital Markets set a €112.00 ($130.23) price objective on Fraport AG Frankfurt Arprt Svcs Wrldwde and gave the company a “buy” rating in a research note on Friday, July 27th. Goldman Sachs Group set a €84.00 ($97.67) price objective on Fraport AG Frankfurt Arprt Svcs Wrldwde and gave the company a “neutral” rating in a research note on Tuesday, July 24th. Finally, Commerzbank set a €96.00 ($111.63) price objective on Fraport AG Frankfurt Arprt Svcs Wrldwde and gave the company a “neutral” rating in a research note on Wednesday, June 13th. Five analysts have rated the stock with a sell rating, eight have issued a hold rating and six have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of €86.59 ($100.69).

Shares of FRA opened at €67.00 ($77.91) on Wednesday. Fraport AG Frankfurt Arprt Svcs Wrldwde has a one year low of €59.33 ($68.99) and a one year high of €97.26 ($113.09).

Fraport AG Frankfurt Arprt Svcs Wrldwde Company Profile

Fraport AG owns and operates the Frankfurt Airport in Germany, rest of Europe, Asia, and internationally. The company operates through four segments: Aviation, Retail & Real Estate, Ground Handling, and External Activities & Services. The Aviation segment offers airside and terminal management, corporate safety and security, and airport security management services at its Frankfurt Airport and other airports.

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Analyst Recommendations for Fraport AG Frankfurt Arprt Svcs Wrldwde (FRA:FRA)

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