Fraport AG Frankfurt Arprt Svcs Wrldwde (FRA:FRA) has been given a €57.00 ($66.28) target price by analysts at Berenberg Bank in a research note issued to investors on Wednesday, June 26th, Borsen Zeitung reports. The brokerage presently has a “sell” rating on the stock. Berenberg Bank’s target price points to a potential downside of 23.08% from the stock’s previous close.
Several other equities research analysts have also weighed in on FRA. DZ Bank reissued a “sell” rating on shares of ElringKlinger in a research report on Wednesday, May 8th. Independent Research set a €76.00 ($88.37) target price on shares of Fraport AG Frankfurt Arprt Svcs Wrldwde and gave the company a “neutral” rating in a research note on Friday, May 17th. Royal Bank of Canada set a $37.00 target price on shares of Toll Brothers and gave the company a “hold” rating in a research note on Thursday, May 23rd. Warburg Research set a €125.00 ($145.35) target price on shares of Sixt and gave the company a “buy” rating in a research note on Thursday, May 9th. Finally, HSBC set a €14.50 ($16.86) price objective on shares of alstria office REIT and gave the stock a “neutral” rating in a research report on Thursday, May 9th. Four investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and seven have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of €77.15 ($89.71).
Shares of FRA:FRA traded up €0.08 ($0.09) during midday trading on Wednesday, hitting €74.10 ($86.16). The company’s stock had a trading volume of 92,547 shares. Fraport AG Frankfurt Arprt Svcs Wrldwde has a fifty-two week low of €59.33 ($68.99) and a fifty-two week high of €97.26 ($113.09). The stock’s 50 day moving average is €74.45.
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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