freenet (FRA:FNTN) Given a €28.00 Price Target by Hauck Aufhäuser Ib Analysts

freenet (FRA:FNTNGet Rating) has been given a €28.00 ($29.47) price target by investment analysts at Hauck Aufhäuser Ib in a research report issued to clients and investors on Monday, Borsen Zeitung reports. Hauck Aufhäuser Ib’s price objective suggests a potential upside of 6.22% from the stock’s previous close.

Several other analysts also recently issued reports on FNTN. Hauck and Aufhaeuser set a €28.00 ($29.47) price target on freenet in a research note on Monday, February 28th. Deutsche Bank Aktiengesellschaft set a €23.00 ($24.21) price objective on freenet in a research report on Monday, February 28th. UBS Group set a €21.40 ($22.53) price objective on freenet in a research report on Friday. Warburg Research set a €29.00 ($30.53) price target on freenet in a report on Thursday, March 3rd. Finally, Jefferies Financial Group set a €29.80 ($31.37) price target on freenet in a report on Friday, April 29th.

Shares of FNTN traded up €1.57 ($1.65) during trading hours on Monday, hitting €26.36 ($27.75). The stock’s 50 day moving average is €24.60 and its 200 day moving average is €23.83. freenet has a 1 year low of €3.22 ($3.39) and a 1 year high of €32.92 ($34.65).

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.

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