Warburg Research set a €23.10 ($26.86) price objective on freenet (FRA:FNTN) in a research report report published on Thursday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
FNTN has been the subject of a number of other reports. Independent Research set a €18.40 ($21.40) target price on shares of freenet and gave the company a neutral rating in a report on Tuesday, August 13th. Hauck & Aufhaeuser set a €28.00 ($32.56) target price on shares of freenet and gave the company a buy rating in a report on Friday, October 18th. Jefferies Financial Group set a €23.70 ($27.56) price objective on shares of freenet and gave the stock a buy rating in a research note on Wednesday. Barclays set a €20.00 ($23.26) price objective on shares of freenet and gave the stock a sell rating in a research note on Friday, August 9th. Finally, UBS Group set a €16.00 ($18.60) price objective on shares of freenet and gave the stock a sell rating in a research note on Thursday. Three research analysts have rated the stock with a sell rating, four have assigned a hold rating and six have assigned a buy rating to the company’s stock. freenet currently has a consensus rating of Hold and an average target price of €21.02 ($24.44).
Shares of FNTN stock opened at €21.49 ($24.99) on Thursday. freenet has a 12 month low of €3.22 ($3.74) and a 12 month high of €32.92 ($38.28). The company has a 50 day simple moving average of €19.59 and a two-hundred day simple moving average of €18.55.
freenet Company Profile
freenet AG provides telecommunication, radio and multimedia, mobile communications, mobile Internet, and digital lifestyle services in Germany. The company operates through Mobile Communications, TV and Media, and Other/Holding segments. It provides a portfolio of services and products primarily in the area of mobile voice and data services.
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