Fraport (OTCMKTS:FPRUY)‘s stock had its “buy” rating reaffirmed by equities research analysts at Berenberg Bank in a report issued on Thursday, The Fly reports.
FPRUY has been the subject of a number of other research reports. UBS Group reissued a “neutral” rating on shares of Fraport in a report on Friday, March 19th. Morgan Stanley reaffirmed an “equal weight” rating on shares of Fraport in a research note on Thursday, December 17th. Barclays reiterated an “underweight” rating on shares of Fraport in a research note on Wednesday, March 17th. Nord/LB lowered Fraport from a “hold” rating to a “sell” rating in a research report on Thursday, December 17th. Finally, Redburn Partners cut Fraport from a “buy” rating to a “neutral” rating in a report on Friday, March 19th. Three research analysts have rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold”.
Shares of OTCMKTS FPRUY traded up $1.84 during trading hours on Thursday, reaching $32.34. 259 shares of the stock were exchanged, compared to its average volume of 555. The stock’s fifty day simple moving average is $30.81 and its 200 day simple moving average is $27.00. Fraport has a 52 week low of $17.88 and a 52 week high of $33.17.
Fraport AG operates airports in Germany, rest of Europe, Asia, and the United States. The company primarily focuses on the operation of Frankfurt Main airport. It operates in four segments: Aviation, Retail & Real Estate, Ground Handling, and International Activities & Services. The Aviation segment operates landside and airside infrastructure, which covers the area of airport charges.
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