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JP Morgan Chase & Co. covered Fraport (ETR:FRA), upping its stock price target to 50.00EUR today

Yesterday Fraport (ETR:FRA) traded 0.36% higher at 54.49EUR. The company’s 50-day moving average is 13.75EUR and its 200-day moving average is 13.52EUR. The last closing price is up 3.72% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time period. 158,966 shares of the stock traded hands, up from an average trading volume of 127,112

In a report released on 11/27/2016 JP Morgan Chase & Co. increased the stock price target of Fraport (ETR:FRA) to 50.00EUR indicating a possible downside of -0.08%.

Previously on Saturday November 26, 2016, JP Morgan Chase & Co. reported on Fraport (ETR:FRA) increased the target price from 0.00EUR to 50.00EUR. At the time, this indicated a possible downside of -0.08%.

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Fraport (ETR:FRA)

Fraport has a 52 week low of 11.97EUR and a 52 week high of 14.06EUR The company’s market cap is currently 0 EUR.

General Information 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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