Bankhaus Lampe set a €26.00 ($32.10) price target on freenet (FRA:FNTN) in a research note published on Friday, March 16th. The brokerage currently has a neutral rating on the stock.
FNTN has been the topic of several other research reports. Hauck & Aufhaeuser set a €38.50 ($47.53) target price on shares of freenet and gave the company a buy rating in a research report on Friday, December 1st. Barclays set a €23.00 ($28.40) target price on shares of freenet and gave the company a sell rating in a research report on Tuesday, February 20th. Warburg Research set a €35.00 ($43.21) target price on shares of freenet and gave the company a buy rating in a research report on Friday, January 12th. Deutsche Bank set a €30.00 ($37.04) target price on shares of freenet and gave the company a neutral rating in a research report on Friday, March 2nd. Finally, equinet set a €36.00 ($44.44) target price on shares of freenet and gave the company a buy rating in a research report on Thursday, March 1st. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and two have given a buy rating to the company’s stock. The company has a consensus rating of Hold and a consensus price target of €28.21 ($34.83).
Shares of FRA FNTN traded up €0.06 ($0.07) during trading on Friday, hitting €25.30 ($31.23). The company had a trading volume of 358,229 shares. freenet has a fifty-two week low of €3.22 ($3.98) and a fifty-two week high of €32.92 ($40.64).
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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.
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