freenet AG (FRA:FNTN) has been given an average rating of “Hold” by the eleven analysts that are currently covering the firm, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and three have given a buy recommendation to the company. The average 1-year target price among brokers that have covered the stock in the last year is €29.59 ($35.23).

Several equities analysts have weighed in on the company. UBS set a €26.80 ($31.90) price objective on freenet and gave the company a “neutral” rating in a report on Wednesday, August 9th. Kepler Capital Markets set a €24.00 ($28.57) price objective on freenet and gave the company a “sell” rating in a report on Wednesday, August 9th. Independent Research set a €31.00 ($36.90) price objective on freenet and gave the company a “neutral” rating in a report on Wednesday, August 9th. Oddo Securities set a €27.00 ($32.14) price objective on freenet and gave the company a “neutral” rating in a report on Thursday, August 10th. Finally, Deutsche Bank set a €29.00 ($34.52) price objective on freenet and gave the company a “neutral” rating in a report on Friday, November 3rd.

Shares of freenet (FRA:FNTN) traded down €0.04 ($0.05) during midday trading on Wednesday, reaching €31.76 ($37.81). The company’s stock had a trading volume of 5,332 shares. freenet has a 1-year low of €3.22 ($3.83) and a 1-year high of €32.40 ($38.57).

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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.

Analyst Recommendations for freenet (FRA:FNTN)

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