UBS Group Analysts Give freenet (FRA:FNTN) a €21.40 Price Target

freenet (FRA:FNTNGet Rating) received a €21.40 ($22.53) target price from equities researchers at UBS Group in a note issued to investors on Friday, Borsen Zeitung reports. UBS Group’s price objective would indicate a potential downside of 2.46% from the company’s current price.

FNTN has been the topic of a number of other research reports. Jefferies Financial Group set a €29.80 ($31.37) target price on freenet in a research report on Thursday. Hauck Aufhäuser Ib set a €28.00 ($29.47) price target on freenet in a research report on Monday. Deutsche Bank Aktiengesellschaft set a €23.00 ($24.21) price target on freenet in a research report on Monday, February 28th. Warburg Research set a €29.00 ($30.53) price target on freenet in a research report on Thursday, March 3rd. Finally, Deutsche Bank Rese… set a €23.00 ($24.21) price target on freenet in a research report on Monday, April 25th.

FNTN opened at €21.94 ($23.09) on Friday. The business’s 50-day simple moving average is €24.53 and its 200-day simple moving average is €23.85. freenet has a one year low of €3.22 ($3.39) and a one 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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