A statement released earlier today by Societe Generale about Fraport (ETR:FRA) bumps the target price to 60.00EUR
- Updated: October 15, 2016
Stating a potential upside of 0.17%, Societe Generale upped the price target of Fraport (ETR:FRA) to 60.00EUR
On 10/12/2016, Societe Generale released a statement on Fraport (ETR:FRA) upped the target price from 0.00EUR to 60.00EUR that suggested an upside of 0.17%.
Having a price of 51.21EUR, Fraport (ETR:FRA) traded -0.29% lower on the day. With the last close up 2.02% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Fraport has recorded a 50-day average of 13.69EUR and a two hundred day average of 13.38EUR. Volume of trade was down over the average, with 69,126 shares of FRA changing hands under the typical 96,988
With a total market value of 0 EUR, Fraport has with a one year low of 11.97EUR and a one year high of 13.95EUR .
More About Fraport (ETR:FRA)
Fraport Frankfurt Airport Services Worldwide AG is a Germany-based company engaged in the airport services sector. The Company owns and operates airport hubs. Its activities are carried out in four segments. The Aviation segment comprises the Airside and Terminal Management, Corporate Safety and Security, and Airport Security Management business units. The Retail & Real Estate segment comprises the Retail and Properties business unit. The Ground Handling segment comprises the Ground Services business unit. The External Activities & Services segment comprises the Global Investments and Management central unit, which is responsible for airport services and airport management; among others. In addition, the Company provides consulting services in terms of operational optimization, infrastructure development and contract management; among others. Through its subsidiaries, the Company is globally active with a portfolio including Frankfurt Airport and 12 other airports on four continents.
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