Fraport AG (OTCMKTS:FPRUY) Given Average Recommendation of “Hold” by Analysts

Fraport AG (OTCMKTS:FPRUY) has been assigned an average rating of “Hold” from the five brokerages that are currently covering the stock, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company.

Several equities analysts have commented on FPRUY shares. BNP Paribas Exane raised shares of Fraport to an “outperform” rating in a research note on Monday. Sanford C. Bernstein downgraded shares of Fraport to a “market perform” rating in a research report on Wednesday, April 29th. Finally, UBS Group raised Fraport to a “neutral” rating in a research note on Friday, May 15th.

Fraport Price Performance

OTCMKTS FPRUY opened at $41.50 on Monday. Fraport has a one year low of $36.31 and a one year high of $45.66. The company has a 50-day simple moving average of $39.60 and a 200-day simple moving average of $41.21.

About Fraport

Fraport AG is a global airport management company headquartered in Frankfurt, Germany. The company’s primary business revolves around the operation and development of Frankfurt Airport, one of Europe’s leading aviation hubs, as well as a portfolio of regional and international airports. In addition to airport infrastructure, Fraport offers ground handling services, security screening, retail management and real estate development within its terminals. These diverse operations aim to enhance passenger experience and maximize airport efficiency through integrated service offerings.

Beyond its flagship airport in Frankfurt, Fraport has expanded its footprint to airports in more than 30 countries across Europe, the Americas, Asia and Africa.