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

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freenet (FRA:FNTN) has been assigned a €19.00 ($22.09) price objective by research analysts at Goldman Sachs Group in a research report issued to clients and investors on Thursday. The firm presently has a “sell” rating on the stock. Goldman Sachs Group’s price target indicates a potential upside of 6.95% from the company’s previous close.

Other analysts have also recently issued research reports about the company. Hauck & Aufhaeuser set a €32.50 ($37.79) target price on freenet and gave the stock a “buy” rating in a report on Wednesday, October 10th. Commerzbank set a €28.00 ($32.56) target price on freenet and gave the stock a “neutral” rating in a report on Wednesday, July 25th. Independent Research set a €20.70 ($24.07) target price on freenet and gave the stock a “neutral” rating in a report on Wednesday, October 10th. Deutsche Bank set a €24.00 ($27.91) target price on freenet and gave the stock a “neutral” rating in a report on Wednesday, October 31st. Finally, UBS Group set a €23.50 ($27.33) target price on freenet and gave the stock a “neutral” rating in a report on Thursday, August 30th. Three equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and two have given a buy rating to the company. The company has an average rating of “Hold” and an average target price of €26.28 ($30.55).

FNTN 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).

freenet Company Profile

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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