Fraport AG Frankfurt Arprt Svcs Wrldwde (FRA:FRA) has received an average rating of “Hold” from the twenty-one analysts that are currently covering the stock, MarketBeat Ratings reports. Four analysts have rated the stock with a sell rating, ten have assigned a hold rating and seven have issued a buy rating on the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is €77.15 ($89.71).
FRA has been the subject of several recent research reports. UBS Group lowered their price objective on shares of VF from $97.00 to $87.00 and set a “neutral” rating for the company in a research note on Friday, May 24th. HSBC reiterated a “buy” rating and issued a GBX 275 ($3.59) price target on shares of in a research note on Thursday, June 27th. Nord/LB set a €16.00 ($18.60) price target on shares of Nordex and gave the stock a “buy” rating in a research note on Monday, May 20th. Deutsche Bank set a $142.00 price target on shares of MCCORMICK & CO /SH and gave the stock a “hold” rating in a research note on Friday, June 28th. Finally, Goldman Sachs Group downgraded shares of E.ON SE Sponsored ADR (Germany) from a “buy” rating to a “neutral” rating in a research note on Tuesday, May 14th.
Shares of FRA FRA traded down €0.44 ($0.51) during midday trading on Friday, hitting €72.56 ($84.37). The company’s stock had a trading volume of 106,165 shares. The company’s fifty day moving average price is €74.42. Fraport AG Frankfurt Arprt Svcs Wrldwde has a 1 year low of €59.33 ($68.99) and a 1 year high of €97.26 ($113.09).
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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