freenet (FRA:FNTN) Given a €19.00 Price Target at The Goldman Sachs Group

freenet (FRA:FNTNGet Rating) received a €19.00 ($20.43) price objective from stock analysts at The Goldman Sachs Group in a research report issued on Tuesday, Borsen Zeitung reports. The Goldman Sachs Group’s price objective points to a potential downside of 26.24% from the company’s previous close.

Other analysts also recently issued reports about the company. UBS Group set a €21.30 ($22.90) target price on freenet in a research report on Friday, February 25th. Deutsche Bank Aktiengesellschaft set a €23.00 ($24.73) target price on freenet in a research report on Monday, February 28th. Hauck and Aufhaeuser set a €28.00 ($30.11) target price on freenet in a research report on Monday, February 28th. Warburg Research set a €29.00 ($31.18) price objective on freenet in a research report on Thursday, March 3rd. Finally, Jefferies Financial Group set a €27.40 ($29.46) price objective on freenet in a research report on Thursday, February 24th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of €24.63 ($26.49).

FRA:FNTN opened at €25.76 ($27.70) on Tuesday. The stock has a fifty day moving average price of €24.23 and a 200-day moving average price of €23.47. freenet has a fifty-two week low of €3.22 ($3.46) and a fifty-two week high of €32.92 ($35.40).

About freenet (Get Rating)

freenet AG provides telecommunications, radio and multimedia, mobile communications, mobile Internet, and digital lifestyle services in Germany. It provides a portfolio of services and products primarily in the areas of mobile voice and data services. The Mobile Communications segment offers mobile communications services, such as marketing of mobile communications services, which include voice and data services from the mobile communications network operators; sells and distributes mobile communications devices, as well as offers additional services for mobile data communications and digital lifestyle; and planning, construction, installation, and maintenance services for WiFi networks.

Featured Stories

Analyst Recommendations for freenet (FRA:FNTN)

Receive News & Ratings for freenet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for freenet and related companies with MarketBeat.com's FREE daily email newsletter.