Fraport AG (OTCMKTS:FPRUY) has been given an average rating of “Hold” by the twelve ratings firms that are covering the stock, Marketbeat reports. Three investment analysts have rated the stock with a sell recommendation, five have given a hold recommendation and four have assigned a buy recommendation to the company.
Several research firms have recently weighed in on FPRUY. UBS Group restated a “neutral” rating on shares of Fraport in a research report on Friday, March 19th. HSBC upgraded shares of Fraport from a “hold” rating to a “buy” rating in a research report on Wednesday, March 17th. Redburn Partners cut shares of Fraport from a “buy” rating to a “neutral” rating in a research report on Friday, March 19th. Barclays reiterated an “underweight” rating on shares of Fraport in a research report on Wednesday, March 17th. Finally, Berenberg Bank reiterated a “buy” rating on shares of Fraport in a research report on Thursday, April 8th.
Shares of Fraport stock remained flat at $$31.20 on Friday. 9 shares of the stock traded hands, compared to its average volume of 549. The company’s 50-day simple moving average is $31.33 and its 200-day simple moving average is $27.82. Fraport has a 12-month low of $17.88 and a 12-month high of $33.17.
Fraport AG operates airports in Germany, rest of Europe, Asia, and the United States. The company primarily focuses on the operation of Frankfurt Main airport. It operates through four segments: Aviation, Retail & Real Estate, Ground Handling, and International Activities & Services. The Aviation segment operates landside and airside infrastructure, which covers the area of airport charges.
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