Fraport AG Frankfurt Arprt Svcs Wrldwde (FRA:FRA) Given a €70.00 Price Target at JPMorgan Chase & Co.
JPMorgan Chase & Co. set a €70.00 ($81.40) target price on Fraport AG Frankfurt Arprt Svcs Wrldwde (FRA:FRA) in a research report released on Wednesday, Borsen Zeitung reports. The firm currently has a sell rating on the stock.
Several other analysts have also issued reports on the stock. Kepler Capital Markets set a €43.50 ($50.58) price objective on shares of CTS Eventim AG & Co KGaA and gave the company a buy rating in a report on Friday, May 24th. Berenberg Bank restated a hold rating and issued a GBX 230 ($3.01) price objective on shares of in a report on Wednesday, June 26th. DZ Bank restated a sell rating on shares of ElringKlinger in a report on Wednesday, May 8th. Barclays reiterated a buy rating on shares of Ultragenyx Pharmaceutical in a research note on Thursday, May 9th. Finally, HSBC reiterated a buy rating and set a GBX 275 ($3.59) price target on shares of in a research note on Thursday, June 27th. Four analysts have rated the stock with a sell rating, ten have given a hold rating and seven have assigned a buy rating to the stock. The stock has an average rating of Hold and an average target price of €77.15 ($89.71).
Shares of FRA opened at €74.40 ($86.51) on Wednesday. Fraport AG Frankfurt Arprt Svcs Wrldwde has a 12-month low of €59.33 ($68.99) and a 12-month high of €97.26 ($113.09). The firm has a 50-day moving average of €74.60.
Fraport AG owns and operates the Frankfurt Airport in Germany, rest of Europe, Asia, and internationally. The company operates through four segments: Aviation, Retail & Real Estate, Ground Handling, and External Activities & Services. The Aviation segment offers airside and terminal management, corporate safety and security, and airport security management services at its Frankfurt Airport and other airports.
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