Fraport (ETR:FRA) Given Upped “Buy” Rating at Bankhaus Lampe KG with EUR 56.00 Target Price

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London Fraport ETR:FRA

Fraport (ETR:FRA) Change of Rating

Trading of Fraport (ETR:FRA)’s shares is going to be interesting today, as Bankhaus Lampe KG raised the stock to a “Buy”. Along the rating upgrade, Bankhaus Lampe KG analysts gave a PT of EUR 56.00 or 9.87 % more.

Despite the stock upgrade ETR:FRA is now trading -0.43% lower at EUR 50.99 as of 20:02 Frankfurt time. Fraport shares have decreased -12.09% in the past 200 days, while the S&P 500 Index has risen 2.61% for the same time.

ETR:FRA Price Chart & Trend

The stock price of Fraport dropped 12.09% over the last 200 days, and is in strong down trend. In the last 50 and 100 days, Fraport is up 5.56% and up 0.95%, respectively. Our stocks momentum model is shown on the price chart below. Fraport (ETR:FRA) Given Upped "Buy" Rating at Bankhaus Lampe KG with EUR 56.00 Target Price

Source: RightEdge Systems, Yahoo Split & Dividend Adjusted Data and OctaFinance Trading Models

FRA Stock Chart

Fraport (ETR:FRA) Profile

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.

Fraport (ETR:FRA) traded down -0.43% on 13 October, hitting EUR 50.99. A total of 225,149 shares of the company’s stock traded hands. This is up from average of 151,010 shares. Fraport has a 52 week low of EUR 44.96 and a 52 week high of EUR 61.5. The company has a market cap of 4.71 billion EUR and a P/E ratio of 17.29.

Get the latest Fraport (ETR:FRA) Stock Ratings at Octafinance. Completely free access to our Analyst Ratings Database for 6000+ stocks.

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