Brokerages Set Fraport AG Frankfurt Arprt Svcs Wrldwde (FRA) PT at $83.58

Shares of Fraport AG Frankfurt Arprt Svcs Wrldwde (FRA:FRA) have been given a consensus recommendation of “Hold” by the nineteen ratings firms that are presently covering the firm, Marketbeat.com reports. Three investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have issued a buy rating on the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is €83.58 ($97.19).

A number of brokerages have recently weighed in on FRA. JPMorgan Chase & Co. set a €97.00 ($112.79) price objective on shares of Fraport AG Frankfurt Arprt Svcs Wrldwde and gave the company a “buy” rating in a report on Monday, August 6th. Goldman Sachs Group set a €84.00 ($97.67) price objective on shares of Fraport AG Frankfurt Arprt Svcs Wrldwde and gave the company a “neutral” rating in a report on Wednesday, August 8th. Royal Bank of Canada set a €78.00 ($90.70) price objective on shares of Fraport AG Frankfurt Arprt Svcs Wrldwde and gave the company a “sell” rating in a report on Wednesday, August 8th. UBS Group set a €105.00 ($122.09) price objective on shares of Fraport AG Frankfurt Arprt Svcs Wrldwde and gave the company a “buy” rating in a report on Wednesday, August 8th. Finally, Commerzbank set a €96.00 ($111.63) price objective on shares of Fraport AG Frankfurt Arprt Svcs Wrldwde and gave the company a “neutral” rating in a report on Wednesday, August 8th.

Shares of FRA stock traded up €2.26 ($2.63) on Friday, hitting €66.26 ($77.05). 197,400 shares of the company’s stock were exchanged. Fraport AG Frankfurt Arprt Svcs Wrldwde has a 12 month low of €59.33 ($68.99) and a 12 month high of €97.26 ($113.09).

About Fraport AG Frankfurt Arprt Svcs Wrldwde

Fraport AG owns and operates the Frankfurt Airport in Germany, rest of Europe, Asia, and internationally. The company operates through four segments: Aviation, Retail & Real Estate, Ground Handling, and External Activities & Services. The Aviation segment offers airside and terminal management, corporate safety and security, and airport security management services at its Frankfurt Airport and other airports.

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Analyst Recommendations for Fraport AG Frankfurt Arprt Svcs Wrldwde (FRA:FRA)

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