Fraport AG (OTCMKTS:FPRUY) Receives Consensus Recommendation of “Hold” from Brokerages

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

A number of research firms have recently issued reports on FPRUY. Sanford C. Bernstein downgraded shares of Fraport to a “market perform” rating in a research note on Wednesday, April 29th. UBS Group upgraded shares of Fraport to a “neutral” rating in a research note on Friday, May 15th. Finally, BNP Paribas Exane upgraded shares of Fraport to an “outperform” rating in a research note on Monday, July 13th.

Fraport Stock Performance

Shares of FPRUY stock opened at $41.50 on Friday. Fraport has a twelve month low of $36.31 and a twelve month high of $45.66. The stock has a fifty day simple moving average of $39.99 and a two-hundred day simple moving average of $41.28.

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.