Aeroports de Paris (OTCMKTS:AEOXF) Shares Up 2.6% – Time to Buy?

Aeroports de Paris SA (OTCMKTS:AEOXF)’s stock price traded up 2.6% during trading on Friday . The stock traded as high as $140.45 and last traded at $134.45. 165 shares traded hands during trading, an increase of 56% from the average session volume of 106 shares. The stock had previously closed at $131.00.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on AEOXF shares. Sanford C. Bernstein downgraded Aeroports de Paris from a “market perform” rating to an “underperform” rating in a research note on Monday, December 15th. Morgan Stanley restated an “overweight” rating on shares of Aeroports de Paris in a report on Wednesday, December 10th. Finally, Oddo Bhf downgraded Aeroports de Paris to an “underperform” rating in a report on Thursday, December 18th. Two investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, Aeroports de Paris currently has an average rating of “Hold”.

Aeroports de Paris Stock Up 2.6%

The stock’s fifty day moving average is $134.29 and its two-hundred day moving average is $134.83.

About Aeroports de Paris

Aéroports de Paris, operating under the Groupe ADP umbrella, is the principal airport operator for the Paris metropolitan area, overseeing Charles de Gaulle, Orly and Le Bourget airports. The company is responsible for airport management, passenger services, air traffic coordination, security operations and infrastructure development across its Paris hub. In addition to serving as a gateway to France, Aéroports de Paris handles cargo operations, maintenance support and ground handling services for a broad range of commercial, charter and cargo airlines.

Beyond its core aeronautical activities, Aéroports de Paris has developed substantial non-aeronautical revenues through retail concessions, food and beverage outlets, duty-free shopping, parking facilities and property leasing.