Shanghai Airport traded at 24.08 this Wednesday August 5th, decreasing 0.19 or 0.78 percent since the previous trading session. Looking back, over the last four weeks, Shanghai Airport lost 3.57 percent. Over the last 12 months, its price fell by 25.29 percent. Looking ahead, we forecast Shanghai Airport to be priced at 24.08 by the end of this quarter and at 22.38 in one year, according to Trading Economics global macro models projections and analysts expectations.
Shanghai International Airport Co., Ltd. is a China-based company primarily engaged in the provision of airport services and the operation and management of airports. The Company's main activities consist of the provision of ground handling services to domestic and foreign airlines and passengers, which includes management and leasing of aviation operation space, commercial space and offices inside the airports, as well as domestic trading; other airport related services, which includes advertising business, freight forwarding, customs agent, agent inspection, long distance bus terminal, parking management and expanded services; and the integrated development of other investment projects. The Company operates Pudong International Airport in Shanghai, China.