Analysts Set Fraport AG Frankfurt Arprt Svcs Wrldwde (FRA:FRA) Target Price at €77.45

Shares of Fraport AG Frankfurt Arprt Svcs Wrldwde (FRA:FRA) have earned an average recommendation of “Hold” from the twenty-one research firms that are currently covering the company, Marketbeat reports. Four equities research analysts have rated the stock with a sell recommendation, ten have issued a hold recommendation and seven have assigned a buy recommendation to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is €77.45 ($90.06).

Several equities analysts have weighed in on FRA shares. Berenberg Bank set a €57.00 ($66.28) target price on Fraport AG Frankfurt Arprt Svcs Wrldwde and gave the company a “sell” rating in a research note on Wednesday, August 7th. Barclays set a €67.00 ($77.91) target price on Fraport AG Frankfurt Arprt Svcs Wrldwde and gave the company a “neutral” rating in a research note on Thursday, August 8th. Goldman Sachs Group set a €70.00 ($81.40) target price on Fraport AG Frankfurt Arprt Svcs Wrldwde and gave the company a “sell” rating in a research note on Tuesday, September 3rd. HSBC set a €83.00 ($96.51) target price on Fraport AG Frankfurt Arprt Svcs Wrldwde and gave the company a “buy” rating in a research note on Thursday, August 8th. Finally, Royal Bank of Canada set a €65.00 ($75.58) target price on Fraport AG Frankfurt Arprt Svcs Wrldwde and gave the company a “sell” rating in a research note on Wednesday, August 7th.

FRA traded up €0.72 ($0.84) during trading on Thursday, reaching €76.78 ($89.28). The company had a trading volume of 229,726 shares. 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). The firm’s 50-day simple moving average is €75.31 and its 200 day simple moving average is €73.53.

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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