Shares of Fraport AG (OTCMKTS:FPRUY – Get Rating) dropped 1.2% on Monday . The stock traded as low as $25.30 and last traded at $25.30. Approximately 115 shares changed hands during mid-day trading, a decline of 81% from the average daily volume of 614 shares. The stock had previously closed at $25.60.
Wall Street Analyst Weigh In
FPRUY has been the topic of a number of recent analyst reports. Oddo Bhf upgraded Fraport from an “underperform” rating to a “neutral” rating in a research note on Tuesday, December 13th. JPMorgan Chase & Co. lifted their price target on shares of Fraport from €48.00 ($52.17) to €50.00 ($54.35) and gave the stock a “neutral” rating in a report on Wednesday, January 18th. One analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, Fraport presently has an average rating of “Hold” and an average price target of $45.00.
Fraport Stock Down 1.2 %
The company has a 50 day moving average of $27.37 and a 200-day moving average of $23.15.
Fraport Company Profile
Fraport AG Frankfurt Airport Services Worldwide engages in the international airport business. It also offers operation and management solutions. It operates through the following business segments: Aviation, Retail and Real Estate, Ground Handling, and International Activities and Services. The Aviation segment refers to the airside and terminal management as well as corporate safety, and security.
Further Reading
- Get a free copy of the StockNews.com research report on Fraport (FPRUY)
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