Fraport AG Frankfurt Arprt Svcs Wrldwde (FRA:FRA) Given a €78.00 Price Target at Independent Research

Fraport AG Frankfurt Arprt Svcs Wrldwde (FRA:FRA) has been given a €78.00 ($90.70) target price by analysts at Independent Research in a research note issued to investors on Monday, Borsen Zeitung reports. The firm presently has a “neutral” rating on the stock. Independent Research’s target price indicates a potential upside of 4.33% from the company’s current price.

A number of other brokerages also recently commented on FRA. Bankhaus Lampe set a €90.00 ($104.65) price objective on Fraport AG Frankfurt Arprt Svcs Wrldwde and gave the stock a “buy” rating in a research report on Wednesday, November 6th. Goldman Sachs Group set a €70.00 ($81.40) price objective on Fraport AG Frankfurt Arprt Svcs Wrldwde and gave the stock a “sell” rating in a research report on Wednesday, November 6th. Kepler Capital Markets set a €89.00 ($103.49) target price on Fraport AG Frankfurt Arprt Svcs Wrldwde and gave the stock a “buy” rating in a research note on Wednesday, November 6th. Morgan Stanley set a €80.00 ($93.02) target price on Fraport AG Frankfurt Arprt Svcs Wrldwde and gave the stock a “neutral” rating in a research note on Friday, October 4th. Finally, UBS Group set a €90.00 ($104.65) target price on Fraport AG Frankfurt Arprt Svcs Wrldwde and gave the stock a “buy” rating in a research note on Thursday. Four research analysts have rated the stock with a sell rating, nine have given a hold rating and seven have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of €76.68 ($89.17).

FRA stock traded up €0.46 ($0.53) during trading hours on Monday, reaching €74.76 ($86.93). 106,942 shares of the stock were exchanged. The firm’s 50-day moving average is €75.77 and its 200-day moving average is €74.85. Fraport AG Frankfurt Arprt Svcs Wrldwde has a 12 month low of €59.33 ($68.99) and a 12 month high of €97.26 ($113.09).

Fraport AG Frankfurt Arprt Svcs Wrldwde Company Profile

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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Analyst Recommendations for Fraport AG Frankfurt Arprt Svcs Wrldwde (FRA:FRA)

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