Fraport AG (OTCMKTS:FPRUY) Receives Average Rating of “Hold” from Brokerages

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

A number of equities analysts recently commented on FPRUY shares. UBS Group raised Fraport to a “neutral” rating in a research note on Friday, May 15th. BNP Paribas Exane raised Fraport to an “outperform” rating in a research note on Monday, July 13th.

Fraport Stock Performance

Shares of Fraport stock opened at $36.90 on Tuesday. Fraport has a twelve month low of $36.90 and a twelve month high of $45.66. The business has a 50-day moving average price of $40.12 and a 200-day moving average price of $41.07.

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.