Fraport AG (OTCMKTS:FPRUY) Receives Average Rating of “Hold” from Brokerages

Fraport AG (OTCMKTS:FPRUY) has been given a consensus recommendation of “Hold” by the five brokerages that are currently covering the stock, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company.

Several research firms have commented on FPRUY. UBS Group upgraded shares of Fraport to a “neutral” rating in a report on Friday, May 15th. BNP Paribas Exane raised shares of Fraport to an “outperform” rating in a research report on Monday, July 13th. Finally, Sanford C. Bernstein downgraded shares of Fraport to a “market perform” rating in a research note on Wednesday, April 29th.

Fraport Stock Performance

FPRUY stock opened at $39.70 on Friday. The company’s 50 day moving average price is $40.13 and its 200 day moving average price is $41.25. Fraport has a fifty-two week low of $38.50 and a fifty-two week high of $45.66.

Fraport Company Profile

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.