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

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

Separately, BNP Paribas Exane upgraded Fraport to an “outperform” rating in a research note on Monday, July 13th.

Fraport Stock Performance

Fraport stock opened at $36.90 on Friday. Fraport has a one year low of $36.90 and a one year high of $45.66. The stock has a fifty day moving average of $38.50 and a 200 day moving average of $40.24.

About Fraport

Fraport AG is a Germany-based airport operator and aviation services company. Its principal asset is Frankfurt Airport, one of Europe’s major international passenger and cargo hubs. The company manages airport infrastructure and operations, including terminal facilities, passenger and baggage services, aircraft handling, security coordination, and the development and maintenance of runways and other aviation facilities.

In addition to airport operations, Fraport generates business from retail and commercial activities at its airports, including shopping, food and beverage, parking, advertising, and property development.