Aeroports de Paris (OTCMKTS:AEOXF) Stock Price Up 2.6% – What’s Next?

Aeroports de Paris SA (OTCMKTS:AEOXF)’s share price was up 2.6% during trading on Friday . The stock traded as high as $140.45 and last traded at $134.45. 165 shares were traded during mid-day trading, an increase of 56% from the average session volume of 106 shares. The stock had previously closed at $131.00.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the stock. Sanford C. Bernstein cut shares of Aeroports de Paris from a “market perform” rating to an “underperform” rating in a research note on Monday, December 15th. Oddo Bhf downgraded Aeroports de Paris to an “underperform” rating in a report on Thursday, December 18th. Finally, Morgan Stanley reissued an “overweight” rating on shares of Aeroports de Paris in a research note on Wednesday, December 10th. Two analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold”.

Aeroports de Paris Stock Up 2.6%

The firm’s 50 day simple moving average is $134.29 and its two-hundred day simple moving average is $134.83.

About Aeroports de Paris

Aéroports de Paris, operating under the Groupe ADP umbrella, is the principal airport operator for the Paris metropolitan area, overseeing Charles de Gaulle, Orly and Le Bourget airports. The company is responsible for airport management, passenger services, air traffic coordination, security operations and infrastructure development across its Paris hub. In addition to serving as a gateway to France, Aéroports de Paris handles cargo operations, maintenance support and ground handling services for a broad range of commercial, charter and cargo airlines.

Beyond its core aeronautical activities, Aéroports de Paris has developed substantial non-aeronautical revenues through retail concessions, food and beverage outlets, duty-free shopping, parking facilities and property leasing.