Fraport AG (FRA:FRA) has been assigned a consensus rating of “Hold” from the sixteen research firms that are presently covering the company, MarketBeat reports. Five analysts have rated the stock with a sell recommendation, nine have assigned a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is €78.62 ($93.60).
A number of research firms recently weighed in on FRA. Kepler Capital Markets set a €105.00 ($125.00) target price on shares of Fraport and gave the stock a “buy” rating in a report on Thursday, November 2nd. Independent Research set a €84.00 ($100.00) price objective on shares of Fraport and gave the company a “neutral” rating in a research note on Tuesday, November 7th. Commerzbank set a €81.00 ($96.43) price objective on shares of Fraport and gave the company a “neutral” rating in a research note on Friday, November 10th. J P Morgan Chase & Co set a €85.00 ($101.19) price objective on shares of Fraport and gave the company a “neutral” rating in a research note on Friday, October 27th. Finally, Nord/LB set a €75.00 ($89.29) price objective on shares of Fraport and gave the company a “neutral” rating in a research note on Friday, November 3rd.
Fraport (FRA) opened at €87.11 ($103.70) on Friday. Fraport has a twelve month low of €53.84 ($64.10) and a twelve month high of €88.34 ($105.17).
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Fraport Company Profile
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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