Frankfurt Airport saw a slight increase in passenger traffic in July, with 6.0 million travelers, marking a 0.5% rise from the previous year, according to operator Fraport. However, climate protests disrupted operations, leading to the cancellation of at least 170 flights.
UBS has maintained a "Neutral" rating for Fraport, setting a target price of 53 euros following the release of third-quarter figures. The airport operator's operating result fell slightly short of consensus estimates, although full-year targets remain confirmed.
UBS has rated Fraport as 'Neutral' following recent figures. The stock price has seen a decline, closing at €48.68, down 3.03% from the previous day. Various trading venues report slightly different prices, with the highest at €49.76 in Munich and the lowest at €48.50 on Tradegate.
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