Warburg Research set a €35.00 ($41.67) price objective on freenet (FRA:FNTN) in a research report report published on Friday. The brokerage currently has a buy rating on the stock.
FNTN has been the subject of a number of other reports. 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. equinet set a €36.00 ($42.86) target price on shares of freenet and gave the company a buy rating in a report on Thursday, October 19th. UBS Group set a €27.00 ($32.14) target price on shares of freenet and gave the company a neutral rating in a report on Friday, October 27th. 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. Finally, 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. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus price target of €29.71 ($35.37).
Shares of freenet (FNTN) traded up €0.27 ($0.32) during mid-day trading on Friday, reaching €31.87 ($37.94). 832 shares of the company’s stock were exchanged. freenet has a twelve month low of €3.22 ($3.83) and a twelve month high of €32.40 ($38.57). The stock has a market capitalization of $4,070.00 and a PE ratio of 12.75.
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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.
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