Warburg Research set a €35.00 ($40.70) target price on freenet AG (FRA:FNTN) in a report issued on Friday morning. The brokerage currently has a buy rating on the stock.

Other analysts also recently issued reports about the stock. Hauck & Aufhaeuser set a €40.00 ($46.51) price target on shares of freenet AG and gave the company a buy rating in a report on Tuesday, September 5th. equinet AG set a €36.00 ($41.86) price target on shares of freenet AG and gave the company a buy rating in a report on Thursday, August 10th. Deutsche Bank AG set a €29.00 ($33.72) price target on shares of freenet AG and gave the company a neutral rating in a report on Thursday, July 27th. Commerzbank Ag set a €28.00 ($32.56) price target on shares of freenet AG and gave the company a neutral rating in a report on Thursday, July 20th. Finally, UBS AG set a €26.80 ($31.16) price target on shares of freenet AG and gave the company a neutral rating in a report on Wednesday, August 9th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the stock. The company currently has an average rating of Hold and an average price target of €29.73 ($34.57).

Shares of freenet AG (FRA:FNTN) opened at €31.11 ($36.17) on Friday. freenet AG has a 1-year low of €3.22 ($3.74) and a 1-year high of €32.40 ($37.67).

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About freenet AG

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 AG (FRA:FNTN)

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