Fraport AG (OTCMKTS:FPRUY) Stock Rated “Hold” by Sell-Side Brokerages

Shares of Fraport AG (OTCMKTS:FPRUY) have been given a consensus rating of “Hold” by the six analysts that are currently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, three have given a hold recommendation and two have issued a buy recommendation on the company.

Several brokerages have recently weighed in on FPRUY. BNP Paribas Exane upgraded Fraport to an “outperform” rating in a research report on Monday, July 13th. Barclays lowered shares of Fraport to an “underweight” rating in a research report on Tuesday, October 6th.

Fraport Stock Performance

Shares of OTCMKTS FPRUY opened at $34.50 on Wednesday. Fraport has a 52 week low of $31.20 and a 52 week high of $45.66. The business has a 50-day simple moving average of $36.46 and a two-hundred day simple moving average of $39.35.

About Fraport

Fraport AG is a Germany-based airport management and operations company headquartered in Frankfurt. Its principal asset is Frankfurt Airport, one of Europe’s major international aviation hubs. Fraport provides airport infrastructure and management services, including passenger and baggage handling, aircraft and ground services, security, retail and commercial operations, and the development and management of airport-related real estate.

The company also operates or holds interests in airports outside Germany through concessions, partnerships and management agreements.