LONDON (dpa-AFX Broker) - The British investment bank Barclays has lowered its target price for Fraport from 69 to 68 euros, but left its rating at "Overweight". The prospects for Europe's airport operators are generally good, as they are benefiting from good traffic trends, wrote analyst Andrew Lobbenberg in an industry outlook on the figures for the past quarter published on Wednesday. In addition to external expansion, the focus was on the different prospects for take-off and landing fees. Lobbenberg remains optimistic in this respect for Fraport's home airport of Frankfurt and for Zurich. Fraport is also benefiting from developments at the airports in Lima and Greece, where he raised his rating for the shares of Athens Airport to "overweight". However, there are problems for Fraport in Brazil and Bulgaria. For this reason and due to strike effects, the expert lowered his estimates somewhat./gl/tih

Publication of the original study: 02.07.2024 / 22:44 / GMT First dissemination of the original study: 03.07.2024 / 03:00 / GMT

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