Berenberg Bank Analysts Give freenet (FRA:FNTN) a €18.00 Price Target

Berenberg Bank set a €18.00 ($20.93) price objective on freenet (FRA:FNTN) in a research report report published on Tuesday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

FNTN has been the topic of a number of other reports. Kepler Capital Markets set a €21.00 ($24.42) target price on shares of freenet and gave the company a neutral rating in a research note on Friday, December 13th. UBS Group set a €16.00 ($18.60) target price on shares of freenet and gave the company a sell rating in a research note on Thursday, November 7th. Jefferies Financial Group set a €23.70 ($27.56) target price on shares of freenet and gave the company a buy rating in a research note on Wednesday, November 6th. Barclays set a €20.00 ($23.26) target price on shares of freenet and gave the company a sell rating in a research note on Thursday, November 14th. Finally, Goldman Sachs Group set a €15.00 ($17.44) target price on shares of freenet and gave the company a sell rating in a research note on Thursday, November 7th. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus price target of €20.69 ($24.06).

Shares of FNTN opened at €19.98 ($23.23) on Tuesday. The firm’s 50 day simple moving average is €20.55 and its 200 day simple moving average is €19.37. 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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