freenet (FRA:FNTN) received a €25.70 ($29.88) target price from research analysts at Jefferies Financial Group in a research note issued to investors on Thursday. The firm currently has a “neutral” rating on the stock. Jefferies Financial Group’s target price points to a potential upside of 44.67% from the company’s current price.
FNTN has been the topic of a number of other research reports. Goldman Sachs Group set a €19.00 ($22.09) price objective on freenet and gave the company a “sell” rating in a report on Wednesday, August 15th. Commerzbank set a €28.00 ($32.56) target price on freenet and gave the company a “neutral” rating in a report on Wednesday, July 25th. Deutsche Bank set a €24.00 ($27.91) target price on freenet and gave the company a “neutral” rating in a report on Wednesday, October 31st. Warburg Research set a €30.00 ($34.88) target price on freenet and gave the company a “neutral” rating in a report on Thursday, August 9th. Finally, HSBC set a €27.00 ($31.40) target price on freenet and gave the company a “neutral” rating in a report on Friday, July 20th. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and two have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of €26.28 ($30.55).
Shares of FRA FNTN opened at €17.77 ($20.66) on Thursday. freenet has a 52 week low of €3.22 ($3.74) and a 52 week high of €32.92 ($38.28).
freenet Company Profile
freenet AG provides telecommunication, radio and multimedia, mobile communications, mobile Internet, and digital lifestyle services 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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