Brokerages Set freenet AG (FNTN) PT at $29.71

freenet AG (FRA:FNTN) has earned an average rating of “Hold” from the twelve brokerages that are presently covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is €29.71 ($35.37).

A number of research analysts recently weighed in on the stock. Citigroup set a €31.00 ($36.90) target price on shares of freenet and gave the company a “neutral” rating in a report on Wednesday, December 13th. Hauck & Aufhaeuser set a €38.50 ($45.83) target price on shares of freenet and gave the company a “buy” rating in a report on Friday, December 1st. Oddo Bhf set a €27.00 ($32.14) target price on shares of freenet and gave the company a “neutral” rating in a report on Monday, November 13th. Commerzbank set a €28.00 ($33.33) target price on shares of freenet and gave the company a “neutral” rating in a report on Friday, November 10th. Finally, Kepler Capital Markets set a €24.00 ($28.57) target price on shares of freenet and gave the company a “sell” rating in a report on Friday, November 10th.

freenet (FRA FNTN) traded up €0.11 ($0.13) on Friday, reaching €31.17 ($37.10). The company had a trading volume of 189,490 shares. freenet has a 1 year low of €3.22 ($3.83) and a 1 year high of €32.40 ($38.57). The firm has a market cap of $3,980.00 and a price-to-earnings ratio of 12.47.

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freenet Company Profile

freenet AG provides network-independent telecommunication services focusing on mobile communications, mobile Internet, TV and media, and digital lifestyle applications 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.

Analyst Recommendations for freenet (FRA:FNTN)

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