Deutsche Bank set a €21.50 ($25.00) target price on freenet (FRA:FNTN) in a research note published on Thursday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

FNTN has been the subject of a number of other research reports. Hauck & Aufhaeuser set a €28.00 ($32.56) price objective on shares of freenet and gave the company a buy rating in a research report on Friday, October 18th. Warburg Research set a €22.70 ($26.40) price target on shares of freenet and gave the company a neutral rating in a research report on Wednesday, November 27th. Jefferies Financial Group set a €23.70 ($27.56) price target on shares of freenet and gave the company a buy rating in a research report on Wednesday, November 6th. UBS Group set a €16.00 ($18.60) price target on shares of freenet and gave the company a sell rating in a research report on Thursday, November 7th. Finally, Goldman Sachs Group set a €15.00 ($17.44) price target on shares of freenet and gave the company a sell rating in a research report on Thursday, November 7th. Three research analysts have rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and a consensus price target of €20.76 ($24.14).

FRA:FNTN traded up €0.30 ($0.35) during mid-day trading on Thursday, reaching €21.01 ($24.43). The stock had a trading volume of 609,117 shares. freenet has a twelve month low of €3.22 ($3.74) and a twelve month high of €32.92 ($38.28). The business has a 50 day simple moving average of €20.32 and a 200 day simple moving average of €19.58.

freenet Company Profile

freenet AG provides telecommunication, radio and multimedia, mobile communications, mobile Internet, and digital lifestyle services in Germany. The company operates through Mobile Communications, TV and Media, and Other/Holding segments. It provides a portfolio of services and products primarily in the area of mobile voice and data services.

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Analyst Recommendations for freenet (FRA:FNTN)

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