Hauck & Aufhaeuser set a €28.00 ($32.56) target price on freenet (FRA:FNTN) in a research report released on Monday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Other equities research analysts have also issued reports about the stock. HSBC set a €20.00 ($23.26) price objective on shares of freenet and gave the company a neutral rating in a report on Tuesday, May 7th. Jefferies Financial Group set a €23.40 ($27.21) price objective on shares of freenet and gave the company a buy rating in a report on Thursday, August 8th. Warburg Research set a €23.10 ($26.86) price objective on shares of freenet and gave the company a buy rating in a report on Friday, August 9th. UBS Group set a €16.00 ($18.60) price objective on shares of freenet and gave the company a sell rating in a report on Friday, August 9th. Finally, Independent Research set a €21.20 ($24.65) price objective on shares of freenet and gave the company a neutral rating in a report on Friday, May 10th. Three analysts have rated the stock with a sell rating, four have given a hold rating and six have issued a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus target price of €20.99 ($24.41).
Shares of FNTN opened at €16.86 ($19.60) on Monday. freenet has a 1-year low of €3.22 ($3.74) and a 1-year high of €32.92 ($38.28). The company’s fifty day moving average price is €17.77 and its 200-day moving average price is €18.68.
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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