Fraport AG (OTCMKTS:FPRUY) Given Average Recommendation of “Hold” by Brokerages

Fraport AG (OTCMKTS:FPRUY) has been given an average rating of “Hold” by the five ratings firms that are currently covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company.

Several analysts recently commented on the company. 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. Finally, Sanford C. Bernstein downgraded Fraport to a “market perform” rating in a report on Wednesday, April 29th.

Fraport Stock Performance

OTCMKTS:FPRUY opened at $41.50 on Monday. Fraport has a 12-month low of $36.31 and a 12-month high of $45.66. The stock’s fifty day simple moving average is $39.75 and its 200-day simple moving average is $41.15.

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.