Fraport AG (OTCMKTS:FPRUY) Stock Rated “Hold” by Wall Street Analysts

Fraport AG (OTCMKTS:FPRUY) has earned an average rating of “Hold” from the six research firms that are currently covering the firm, MarketBeat.com reports. One 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.

Separately, Barclays downgraded shares of Fraport to an “underweight” rating in a report on Tuesday, October 6th.

Fraport Price Performance

Shares of Fraport stock remained flat at $36.90 on Friday. Fraport has a 1 year low of $31.20 and a 1 year high of $45.66. The company’s 50-day simple moving average is $35.83 and its 200-day simple moving average is $39.71.

Fraport Company Profile

Fraport AG is a Germany-based airport operator and aviation infrastructure company. Its core business is the operation and management of airports, with Frankfurt Airport serving as its principal hub. The company provides passenger and cargo services, airport security, ground handling, retail and commercial services, parking, and related infrastructure management. Fraport also develops and operates airports through investments, concessions, and management agreements in international markets. Its activities have included airports in Germany, Greece, Turkey, Slovenia, Peru, and other regions, giving the company a presence across Europe, Latin America, and selected global aviation markets.