Fraport AG Frankfurt Arprt Svcs Wrldwde (FRA:FRA) PT Set at €88.00 by HSBC

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Fraport AG Frankfurt Arprt Svcs Wrldwde (FRA:FRA) received a €88.00 ($102.33) price target from research analysts at HSBC in a research report issued on Tuesday, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the stock. HSBC’s price objective indicates a potential upside of 18.92% from the company’s previous close.

FRA has been the subject of several other research reports. Bankhaus Lampe set a €90.00 ($104.65) price objective on shares of Fraport AG Frankfurt Arprt Svcs Wrldwde and gave the stock a “buy” rating in a research report on Wednesday, November 6th. Credit Suisse Group set a €73.00 ($84.88) price objective on shares of Fraport AG Frankfurt Arprt Svcs Wrldwde and gave the stock a “neutral” rating in a research report on Friday, October 4th. JPMorgan Chase & Co. set a €71.00 ($82.56) price objective on shares of Fraport AG Frankfurt Arprt Svcs Wrldwde and gave the stock a “sell” rating in a research report on Tuesday. Warburg Research set a €76.00 ($88.37) price objective on shares of Fraport AG Frankfurt Arprt Svcs Wrldwde and gave the stock a “neutral” rating in a research report on Monday, September 16th. Finally, Kepler Capital Markets set a €89.00 ($103.49) price objective on shares of Fraport AG Frankfurt Arprt Svcs Wrldwde and gave the stock a “buy” rating in a research report on Wednesday, November 6th. Four analysts have rated the stock with a sell rating, seven have given a hold rating and seven have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of €77.06 ($89.60).

Shares of FRA stock traded down €1.76 ($2.05) during trading hours on Tuesday, hitting €74.00 ($86.05). 216,718 shares of the company were exchanged. Fraport AG Frankfurt Arprt Svcs Wrldwde has a fifty-two week low of €59.33 ($68.99) and a fifty-two week high of €97.26 ($113.09). The company has a 50 day simple moving average of €75.61 and a two-hundred day simple moving average of €74.90.

About Fraport AG Frankfurt Arprt Svcs Wrldwde

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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