freenet (FRA:FNTN) PT Set at €18.40 by Independent Research

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Independent Research set a €18.40 ($21.40) target price on freenet (FRA:FNTN) in a research note published on Tuesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

Other analysts have also issued reports about the company. Hauck & Aufhaeuser set a €28.00 ($32.56) price objective on freenet and gave the stock a buy rating in a research report on Monday. Goldman Sachs Group set a €15.00 ($17.44) price objective on freenet and gave the stock a sell rating in a research report on Friday, August 9th. Warburg Research set a €23.10 ($26.86) target price on freenet and gave the stock a buy rating in a research report on Friday, August 9th. Barclays set a €20.00 ($23.26) target price on freenet and gave the stock a sell rating in a research report on Friday, August 9th. Finally, UBS Group set a €16.00 ($18.60) target price on freenet and gave the stock a sell rating in a research report on Friday, August 9th. Three analysts have rated the stock with a sell rating, four have assigned a hold rating and six have issued a buy rating to the stock. freenet currently has a consensus rating of Hold and an average price target of €20.99 ($24.41).

Shares of FNTN stock opened at €17.09 ($19.87) on Tuesday. The stock has a 50-day moving average price of €17.77 and a 200 day moving average price of €18.68. 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. 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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Analyst Recommendations for freenet (FRA:FNTN)

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