FRANKFURT (dpa-AFX Broker) - Fraport shares recovered somewhat on Thursday from their previous day's slump following the publication of traffic figures. The Frankfurt-based company's shares rose 2.3 percent to 69.85 euros after struggling to defend their 200-day lines the day before.
At one point, they had been trading at their lowest level since August. This was triggered by Exane BNP Paribas' withdrawal of its recommendation, but above all by a negative reaction from Goldman Sachs expert Patrick Creuset to a roadshow with Fraport and the ambitious investment signals sent there.
Investors have now reacted positively to the November traffic figures. According to DZ Bank expert Dirk Schlamp, they show a positive development. "In our view, the group remains clearly on track to achieve its annual targets for 2025," he wrote./ag/mis
