Fraport AG (OTCMKTS:FPRUY – Get Free Report) shares were down 7.4% on Monday . The company traded as low as $41.35 and last traded at $41.35. Approximately 372 shares were traded during trading, a decline of 77% from the average daily volume of 1,584 shares. The stock had previously closed at $44.64.
Analysts Set New Price Targets
Separately, Morgan Stanley downgraded shares of Fraport from an “overweight” rating to a “mixed” rating in a research note on Monday, October 20th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has an average rating of “Sell”.
Get Our Latest Research Report on FPRUY
Fraport Stock Down 7.4%
About Fraport
Fraport AG owns and operates airports in Germany, rest of Europe, Asia, and the United States. It primarily focuses on the operation of Frankfurt Main airport. The company operates through four segments: Aviation, Retail & Real Estate, Ground Handling, and International Activities & Services.
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