freenet AG (FRA:FNTN) Given Average Recommendation of “Hold” by Brokerages

freenet AG (FRA:FNTNGet Rating) has been given an average rating of “N/A” by the nine research firms that are presently covering the stock, MarketBeat reports. The average 1-year price target among brokers that have issued a report on the stock in the last year is €24.63 ($26.49).

Several research firms have recently commented on FNTN. Hauck and Aufhaeuser set a €28.00 ($30.11) target price on freenet in a research report on Monday, February 28th. UBS Group set a €21.30 ($22.90) price target on freenet in a research note on Friday, February 25th. Jefferies Financial Group set a €27.40 ($29.46) price target on freenet in a research note on Thursday, February 24th. Deutsche Bank Aktiengesellschaft set a €23.00 ($24.73) price target on freenet in a research note on Monday, February 28th. Finally, Barclays set a €27.00 ($29.03) price target on freenet in a research note on Friday, April 1st.

freenet stock opened at €25.44 ($27.35) on Friday. freenet has a 12 month low of €3.22 ($3.46) and a 12 month high of €32.92 ($35.40). The stock’s 50 day moving average is €24.30 and its 200-day moving average is €23.56.

freenet Company Profile (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.

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Analyst Recommendations for freenet (FRA:FNTN)

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