Fraport AG Frankfurt Arprt Svcs Wrldwde (FRA:FRA) has been assigned a €70.00 ($81.40) price objective by stock analysts at JPMorgan Chase & Co. in a research report issued on Tuesday, June 25th, Borsen Zeitung reports. The brokerage presently has a “sell” rating on the stock. JPMorgan Chase & Co.‘s price objective points to a potential downside of 5.53% from the stock’s previous close.
FRA has been the subject of several other reports. Independent Research set a €76.00 ($88.37) price objective on shares of Fraport AG Frankfurt Arprt Svcs Wrldwde and gave the company a “neutral” rating in a research report on Friday, May 17th. Barclays reaffirmed a “buy” rating on shares of Ultragenyx Pharmaceutical in a research note on Thursday, May 9th. HSBC set a €14.50 ($16.86) target price on shares of alstria office REIT and gave the stock a “neutral” rating in a research note on Thursday, May 9th. Kepler Capital Markets set a €43.50 ($50.58) target price on shares of CTS Eventim AG & Co KGaA and gave the stock a “buy” rating in a research note on Friday, May 24th. Finally, Nord/LB set a €16.00 ($18.60) target price on shares of Nordex and gave the stock a “buy” rating in a research note on Monday, May 20th. Four equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and seven have issued a buy rating to the company. Fraport AG Frankfurt Arprt Svcs Wrldwde currently has an average rating of “Hold” and an average target price of €77.15 ($89.71).
FRA traded up €0.08 ($0.09) during trading on Tuesday, hitting €74.10 ($86.16). 92,547 shares of the stock traded hands. Fraport AG Frankfurt Arprt Svcs Wrldwde has a twelve month low of €59.33 ($68.99) and a twelve month high of €97.26 ($113.09). The business’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.
Featured Story: What is the price-to-earnings growth (PEG) ratio?
Receive News & Ratings for Fraport AG Frankfurt Arprt Svcs Wrldwde Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fraport AG Frankfurt Arprt Svcs Wrldwde and related companies with MarketBeat.com's FREE daily email newsletter.