freenet (FNTN) Given a €23.00 Price Target at Barclays

freenet (FRA:FNTN) received a €23.00 ($28.40) price target from stock analysts at Barclays in a research note issued on Tuesday. The firm presently has a “sell” rating on the stock. Barclays’ price target suggests a potential downside of 20.08% from the company’s current price.

Several other research firms also recently commented on FNTN. Hauck & Aufhaeuser set a €38.50 ($47.53) price objective on freenet and gave the company a “buy” rating in a research note on Friday, December 1st. Kepler Capital Markets set a €24.00 ($29.63) price objective on freenet and gave the company a “sell” rating in a research note on Friday, November 10th. Warburg Research set a €35.00 ($43.21) price objective on freenet and gave the company a “buy” rating in a research note on Friday. Commerzbank set a €28.00 ($34.57) price objective on freenet and gave the company a “neutral” rating in a research note on Friday, November 10th. Finally, UBS Group set a €27.00 ($33.33) price objective on freenet and gave the company a “neutral” rating in a research note on Friday, October 27th. Four analysts have rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of €29.54 ($36.47).

Shares of freenet (FRA:FNTN) opened at €28.78 ($35.53) on Tuesday. The company has a market capitalization of $3,700.00 and a P/E ratio of 11.51. freenet has a one year low of €3.22 ($3.98) and a one year high of €32.92 ($40.64).

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About freenet

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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