Warburg Research Reiterates “€83.00” Price Target for Fraport AG Frankfurt Arprt Svcs Wrldwde (FRA:FRA)

Fraport AG Frankfurt Arprt Svcs Wrldwde (FRA:FRA) has been assigned a €83.00 ($96.51) price target by equities researchers at Warburg Research in a research note issued to investors on Monday, May 28th. The firm presently has a “neutral” rating on the stock. Warburg Research’s price objective would indicate a potential downside of 2.35% from the company’s previous close.

A number of other brokerages have also recently weighed in on FRA. JPMorgan Chase & Co. set a €97.00 ($112.79) price target on Fraport AG Frankfurt Arprt Svcs Wrldwde and gave the stock a “buy” rating in a research report on Tuesday, May 1st. DZ Bank reissued a “neutral” rating on shares of Fraport AG Frankfurt Arprt Svcs Wrldwde in a research note on Wednesday, May 9th. Cfra set a €77.00 ($89.53) price objective on Fraport AG Frankfurt Arprt Svcs Wrldwde and gave the stock a “sell” rating in a research note on Friday, May 11th. Barclays set a €65.00 ($75.58) target price on Fraport AG Frankfurt Arprt Svcs Wrldwde and gave the stock a “sell” rating in a research report on Thursday, May 10th. Finally, Kepler Capital Markets set a €112.00 ($130.23) price objective on Fraport AG Frankfurt Arprt Svcs Wrldwde and gave the stock a “buy” rating in a report on Wednesday, May 9th. Five equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of €87.38 ($101.61).

Fraport AG Frankfurt Arprt Svcs Wrldwde traded up €0.42 ($0.49), reaching €85.00 ($98.84), during trading hours on Monday, Marketbeat reports. 219,070 shares of the stock were exchanged. Fraport AG Frankfurt Arprt Svcs Wrldwde has a 52 week low of €59.33 ($68.99) and a 52 week high of €97.26 ($113.09).

About Fraport AG Frankfurt Arprt Svcs Wrldwde

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.

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

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