freenet (FNTN) PT Set at €19.00 by Goldman Sachs Group

freenet (FRA:FNTN) received a €19.00 ($22.09) price target from investment analysts at Goldman Sachs Group in a research report issued on Thursday. The firm currently has a “sell” rating on the stock. Goldman Sachs Group’s target price indicates a potential upside of 6.95% from the stock’s current price.

A number of other research analysts also recently commented on FNTN. Deutsche Bank set a €24.00 ($27.91) price objective on freenet and gave the stock a “neutral” rating in a research note on Wednesday, October 31st. Commerzbank set a €28.00 ($32.56) price objective on freenet and gave the stock a “neutral” rating in a research note on Monday, October 22nd. Independent Research set a €20.70 ($24.07) price objective on freenet and gave the stock a “neutral” rating in a research note on Wednesday, October 10th. Hauck & Aufhaeuser set a €32.50 ($37.79) price objective on freenet and gave the stock a “buy” rating in a research note on Wednesday, October 10th. Finally, UBS Group set a €23.50 ($27.33) price objective on freenet and gave the stock a “neutral” rating in a research note on Thursday, August 30th. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and two have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of €26.28 ($30.55).

FNTN stock opened at €17.77 ($20.66) on Thursday. freenet has a 12-month low of €3.22 ($3.74) and a 12-month high of €32.92 ($38.28).

About freenet

freenet AG provides telecommunication, radio and multimedia, mobile communications, mobile Internet, and digital lifestyle services 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.

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Analyst Recommendations for freenet (FRA:FNTN)

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