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

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

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

Fraport Price Performance

FPRUY opened at $36.90 on Friday. The firm’s 50-day simple moving average is $38.87 and its 200-day simple moving average is $40.40. Fraport has a twelve month low of $36.90 and a twelve month high of $45.66.

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.