Barclays Cuts Nfon (OTCMKTS:NFONF) Price Target to €9.00

Nfon (OTCMKTS:NFONFGet Rating) had its price objective lowered by Barclays from €11.00 ($11.22) to €9.00 ($9.18) in a research report report published on Monday morning, The Fly reports.

Nfon Stock Performance

Shares of NFONF opened at 21.60 on Monday. The business’s fifty day simple moving average is 21.60 and its two-hundred day simple moving average is 21.60. Nfon has a 12 month low of 21.60 and a 12 month high of 21.60.

Nfon Company Profile

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NFON AG provides cloud-based telecommunication services to business customers in Germany, Austria, Italy, the United Kingdom, Spain, France, and Portugal. It offers Cloudya and centrexx products for customers with the required brokerage service from the cloud in its data centers through the cloud private branch exchange; and telephone conference services.

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