Shares of Flughafen Zürich AG (OTCMKTS:FLGZY – Get Rating) have been given an average recommendation of “Hold” by the nine ratings firms that are covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $163.33.
FLGZY has been the topic of several research analyst reports. UBS Group raised Flughafen Zürich from a “neutral” rating to a “buy” rating in a research report on Friday, March 18th. Cheuvreux lowered Flughafen Zürich from a “buy” rating to a “hold” rating in a report on Tuesday, June 14th. BNP Paribas raised Flughafen Zürich from a “neutral” rating to an “outperform” rating in a report on Friday, April 8th. Deutsche Bank Aktiengesellschaft dropped their target price on Flughafen Zürich from CHF 185 to CHF 157 and set a “hold” rating on the stock in a report on Wednesday, April 6th. Finally, Credit Suisse Group dropped their target price on Flughafen Zürich from CHF 166 to CHF 160 and set a “neutral” rating on the stock in a report on Monday, March 28th.
FLGZY opened at $6.03 on Thursday. Flughafen Zürich has a 52 week low of $5.89 and a 52 week high of $7.96. The business’s 50 day moving average is $6.46 and its two-hundred day moving average is $6.87.
Flughafen Zürich AG owns and operates the Zurich in Switzerland. It provides infrastructure and services related to flight operations, including the runway system, apron zones, passenger zones in the terminals, freight operations, passenger handling and services, and safety; support for passengers with reduced mobility; and check-in areas and facilities, baggage sorting and handling system, aircraft power supply system, handling apron areas, and the related services.
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