UBS Group set a €23.50 ($27.33) price objective on freenet (FRA:FNTN) in a report issued on Thursday morning, www.boersen-zeitung.de reports. The firm currently has a neutral rating on the stock.
Other equities research analysts have also issued research reports about the company. Hauck & Aufhaeuser set a €32.50 ($37.79) price target on freenet and gave the stock a buy rating in a research note on Wednesday, October 10th. equinet set a €36.00 ($41.86) target price on freenet and gave the company a buy rating in a research report on Thursday, August 9th. Commerzbank set a €28.00 ($32.56) target price on freenet and gave the company a neutral rating in a research report on Wednesday, July 25th. Warburg Research set a €30.00 ($34.88) target price on freenet and gave the company a neutral rating in a research report on Thursday, August 9th. Finally, Jefferies Financial Group set a €25.70 ($29.88) target price on freenet and gave the company a neutral rating in a research report on Thursday, August 9th. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and two have issued a buy rating to the company. The company currently has a consensus rating of Hold and an average target price of €26.28 ($30.55).
Shares of FNTN stock traded down €1.03 ($1.20) during trading hours on Thursday, reaching €17.77 ($20.66). 3,829,487 shares of the company’s stock were exchanged. freenet has a 1 year low of €3.22 ($3.74) and a 1 year high of €32.92 ($38.28).
freenet AG provides telecommunication, radio and multimedia, mobile communications, mobile Internet, and digital lifestyle services in Germany. It provides a portfolio of services and products primarily in the area of mobile voice and data services. The company offers its postpaid and prepaid services under the mobilcom-debitel brand, as well as no-frills services under the klarmobil, freenetMobile, callMobile, and debitel light brands.
See Also: Earnings Per Share
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