freenet (FNTN) Given a €20.70 Price Target at Independent Research

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Independent Research set a €20.70 ($24.07) price objective on freenet (FRA:FNTN) in a report published on Wednesday morning. The firm currently has a neutral rating on the stock.

A number of other research firms have also issued reports on FNTN. Barclays set a €21.00 ($24.42) price target on freenet and gave the company a sell rating in a research report on Monday, August 6th. UBS Group set a €23.50 ($27.33) price target on freenet and gave the company a neutral rating in a research report on Thursday, August 30th. Hauck & Aufhaeuser set a €32.50 ($37.79) price target on freenet and gave the company a buy rating in a research report on Wednesday. Commerzbank set a €28.00 ($32.56) price target on freenet and gave the company a neutral rating in a research report on Monday, July 2nd. Finally, Kepler Capital Markets set a €25.00 ($29.07) price target on freenet and gave the company a neutral rating in a research report on Thursday, August 9th. Three analysts have rated the stock with a sell rating, eleven have assigned a hold rating and two have issued a buy rating to the stock. The stock currently has an average rating of Hold and a consensus target price of €26.65 ($30.99).

FNTN stock opened at €18.80 ($21.85) on Wednesday. freenet has a 1 year low of €3.22 ($3.74) and a 1 year 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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