freenet (FRA:FNTN – Get Rating) has been assigned a €21.40 ($22.53) price target by research analysts at UBS Group in a report issued on Friday, Borsen Zeitung reports. UBS Group’s target price would indicate a potential downside of 1.70% from the company’s previous close.
Other research analysts have also recently issued research reports about the company. Warburg Research set a €29.00 ($30.53) target price on freenet in a research note on Thursday, March 3rd. Deutsche Bank Aktiengesellschaft set a €23.00 ($24.21) target price on freenet in a research note on Monday, February 28th. Barclays set a €27.50 ($28.95) target price on freenet in a research note on Monday, April 25th. Jefferies Financial Group set a €29.80 ($31.37) target price on freenet in a research note on Friday, April 29th. Finally, Hauck and Aufhaeuser set a €28.00 ($29.47) target price on freenet in a research note on Monday, February 28th.
freenet stock opened at €21.77 ($22.92) on Friday. freenet has a fifty-two week low of €3.22 ($3.39) and a fifty-two week high of €32.92 ($34.65). The firm’s fifty day moving average price is €24.60 and its 200-day moving average price is €23.82.
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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