Independent Research Analysts Give freenet (FRA:FNTN) a €18.40 Price Target

Independent Research set a €18.40 ($21.40) price objective on freenet (FRA:FNTN) in a research note published on Tuesday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

Several other equities research analysts also recently issued reports on the stock. Hauck & Aufhaeuser set a €28.00 ($32.56) price objective on shares of freenet and gave the stock a buy rating in a research note on Monday. Warburg Research set a €23.10 ($26.86) price objective on shares of freenet and gave the stock a buy rating in a research note on Friday, August 9th. Barclays set a €20.00 ($23.26) price target on shares of freenet and gave the stock a sell rating in a research note on Friday, August 9th. Jefferies Financial Group set a €23.40 ($27.21) price target on shares of freenet and gave the stock a buy rating in a research note on Thursday, August 8th. Finally, Kepler Capital Markets set a €20.00 ($23.26) price target on shares of freenet and gave the stock a buy rating in a research note on Thursday, June 6th. Three research analysts have rated the stock with a sell rating, four have given a hold rating and six have assigned a buy rating to the company’s stock. The stock has an average rating of Hold and a consensus target price of €20.99 ($24.41).

Shares of freenet stock opened at €17.09 ($19.87) on Tuesday. The company’s fifty day simple moving average is €17.77 and its 200-day simple moving average is €18.68. freenet has a 1 year low of €3.22 ($3.74) and a 1 year high of €32.92 ($38.28).

About freenet

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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Analyst Recommendations for freenet (FRA:FNTN)

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