Fraport AG (OTCMKTS:FPRUY) Given Average Recommendation of “Hold” by Brokerages

Fraport AG (OTCMKTS:FPRUYGet Rating) has been given a consensus rating of “Hold” by the seven brokerages that are presently covering the firm, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $53.67.

Several research analysts have recently issued reports on FPRUY shares. Exane BNP Paribas upgraded shares of Fraport from an “underperform” rating to a “neutral” rating and set a €50.00 ($52.63) price target for the company in a report on Friday, April 8th. Deutsche Bank Aktiengesellschaft cut shares of Fraport from a “buy” rating to a “hold” rating in a research note on Wednesday, April 6th. HSBC raised shares of Fraport from a “hold” rating to a “buy” rating in a research note on Friday, March 18th. JPMorgan Chase & Co. reduced their price objective on shares of Fraport from €65.00 ($68.42) to €57.00 ($60.00) and set a “neutral” rating on the stock in a research note on Thursday, March 17th. Finally, Barclays reduced 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.

Shares of OTCMKTS:FPRUY opened at $26.85 on Thursday. The company has a fifty day moving average of $27.02 and a 200-day moving average of $30.42. Fraport has a 52-week low of $24.32 and a 52-week high of $39.58.

About Fraport (Get Rating)

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.

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Analyst Recommendations for Fraport (OTCMKTS:FPRUY)

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