JPMorgan Chase & Co. downgraded shares of Sydney Airport (OTCMKTS:SYDDF) from a neutral rating to an underweight rating in a research report report published on Wednesday, The Fly reports.
Shares of Sydney Airport stock opened at $4.21 on Wednesday. The company’s fifty day simple moving average is $3.42 and its 200-day simple moving average is $3.67. Sydney Airport has a 1-year low of $2.50 and a 1-year high of $6.19.
About Sydney Airport
Sydney Airport Limited owns Sydney Airport. The company provides international and domestic passenger services. It also offers aeronautical services, including access to terminals, infrastructure, apron parking, airfield and terminal facilities, and government mandated security services for airlines; and parking and ground transport services, as well as leases commercial space to tenants whose activities comprise duty free, food and beverage, financial, and advertising services.
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