Fraport AG (OTCMKTS:FPRUY) Stock Now Rated “Hold” by Wall Street Brokerages

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

Separately, BNP Paribas Exane upgraded Fraport to an “outperform” rating in a report on Monday, July 13th.

Fraport Stock Performance

FPRUY stock opened at $36.90 on Friday. Fraport has a 1-year low of $36.90 and a 1-year high of $45.66. The business has a fifty day moving average price of $38.69 and a 200-day moving average price of $40.29.

About Fraport

Fraport AG is a Germany-based airport operator and aviation services company. Its principal asset is Frankfurt Airport, one of Europe’s major international passenger and cargo hubs. The company manages airport infrastructure and operations, including terminal facilities, passenger and baggage services, aircraft handling, security coordination, and the development and maintenance of runways and other aviation facilities.

In addition to airport operations, Fraport generates business from retail and commercial activities at its airports, including shopping, food and beverage, parking, advertising, and property development.