freenet (FRA:FNTN) Given a €21.50 Price Target at Deutsche Bank
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 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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