Fraport (ETR:FRA) stock price target increased to 43.00EUR, issued a research note today by Commerzbank AG
- Updated: October 13, 2016
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. The last stock close price is up 2.85% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 53,914 shares of the stock were exchanged, down from an average trading volume of 100,212
In a statement issued on 10/13/2016 Commerzbank AG upped the price target of Fraport (ETR:FRA) to 43.00EUR reporting a possible downside of -0.16%.
Previously on 10/12/2016, Societe Generale reported on Fraport (ETR:FRA) raised the target price from 0.00EUR to 60.00EUR. At the time, this indicated a possible upside of 0.17%.
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Fraport has a 52 week low of 11.97EUR and a 52 week high of 13.95EUR The company’s market cap is currently 0 EUR.
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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