Fraport (ETR:FRA) price target increased to 55.00EUR, issued a research note today by Norddeutsche Landesbank
- Updated: October 13, 2016
Fraport (ETR:FRA) had its target bumped up to 55.00EUR by Norddeutsche Landesbank in an issued report issued 10/13/2016. The upped price target suggests a potential upside of 0.08% based on the company's last stock close price.
On 10/12/2016, Societe Generale released a statement for Fraport (ETR:FRA) upped the target price from 0.00EUR to 60.00EUR. At the time, this indicated a possible upside of 0.17%.
Only yesterday Fraport (ETR:FRA) traded -0.28% lower at 50.97EUR. The company’s 50-day moving average is 13.68EUR and its 200-day moving average is 13.37EUR. With the last stock price close up 2.85% from the 200-day moving average, compared with the S&P 500 Index which has decreased -0.01% over the same time period. 53,914 shares of FRA traded hands, down from an average trading volume of 100,212
Fraport has a one year low of 11.97EUR and a one year high of 13.95EUR FRA’s total market value is presently 0 EUR.
Brief Synopsis On 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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