Fraport AG (OTCMKTS:FPRUY) Receives Average Recommendation of “Hold” from Analysts

Fraport AG (OTCMKTS:FPRUY) has earned an average recommendation of “Hold” from the five ratings firms that are currently covering the stock, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating on the company.

Several analysts recently issued reports on the company. BNP Paribas Exane raised Fraport to an “outperform” rating in a research note on Monday, July 13th. UBS Group upgraded Fraport to a “neutral” rating in a research note on Friday, May 15th.

Fraport Price Performance

OTCMKTS FPRUY opened at $36.90 on Tuesday. The business has a 50-day moving average price of $40.12 and a 200-day moving average price of $41.07. Fraport has a twelve month low of $36.90 and a twelve month high of $45.66.

About Fraport

Fraport AG is a global airport management company headquartered in Frankfurt, Germany. The company’s primary business revolves around the operation and development of Frankfurt Airport, one of Europe’s leading aviation hubs, as well as a portfolio of regional and international airports. In addition to airport infrastructure, Fraport offers ground handling services, security screening, retail management and real estate development within its terminals. These diverse operations aim to enhance passenger experience and maximize airport efficiency through integrated service offerings.

Beyond its flagship airport in Frankfurt, Fraport has expanded its footprint to airports in more than 30 countries across Europe, the Americas, Asia and Africa.