freenet AG (FRA:FNTN) has been assigned a consensus recommendation of “Hold” from the thirteen ratings firms that are presently covering the firm, Marketbeat.com reports. Four research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating on the company. The average twelve-month price objective among analysts that have covered the stock in the last year is €29.46 ($36.37).

A number of analysts have issued reports on FNTN shares. Hauck & Aufhaeuser set a €38.50 ($47.53) price objective on shares of freenet and gave the company a “buy” rating in a report on Friday, December 1st. equinet set a €36.00 ($44.44) price objective on shares of freenet and gave the company a “buy” rating in a report on Thursday, October 19th. Warburg Research set a €35.00 ($43.21) price objective on shares of freenet and gave the company a “buy” rating in a report on Friday, January 12th. Kepler Capital Markets set a €24.00 ($29.63) price objective on shares of freenet and gave the company a “sell” rating in a report on Friday, November 10th. Finally, UBS Group set a €27.00 ($33.33) price objective on shares of freenet and gave the company a “neutral” rating in a report on Friday, October 27th.

Shares of freenet (FRA FNTN) opened at €28.61 ($35.32) on Monday. The stock has a market cap of $3,660.00 and a PE ratio of 11.44. freenet has a twelve month low of €3.22 ($3.98) and a twelve month high of €32.92 ($40.64).

ILLEGAL ACTIVITY NOTICE: This piece of content was originally posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this piece of content on another site, it was illegally stolen and reposted in violation of US & international copyright & trademark legislation. The original version of this piece of content can be viewed at https://www.thecerbatgem.com/2018/02/12/freenet-ag-fntn-given-average-rating-of-hold-by-brokerages.html.

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)

Receive News & Ratings for freenet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for freenet and related companies with MarketBeat.com's FREE daily email newsletter.