freenet (FRA:FNTN) Given a €28.00 Price Target at Hauck Aufhäuser In…

freenet (FRA:FNTNGet Rating) has been assigned a €28.00 ($29.17) price target by research analysts at Hauck Aufhäuser In… in a research report issued on Friday, Borsen Zeitung reports. Hauck Aufhäuser In…’s price target would suggest a potential upside of 21.00% from the stock’s current price.

Several other research firms have also weighed in on FNTN. UBS Group set a €21.40 ($22.29) price objective on shares of freenet in a research note on Friday, May 13th. The Goldman Sachs Group set a €30.00 ($31.25) price objective on shares of freenet in a research note on Thursday, May 26th. Jefferies Financial Group set a €29.80 ($31.04) price objective on shares of freenet in a research note on Tuesday, May 24th. Berenberg Bank set a €30.00 ($31.25) price objective on shares of freenet in a research note on Tuesday, May 10th. Finally, Hauck Aufhäuser Ib set a €28.00 ($29.17) price objective on shares of freenet in a research note on Monday, May 9th.

FRA:FNTN traded down €0.26 ($0.27) on Friday, hitting €23.14 ($24.10). 398,664 shares of the company’s stock were exchanged. The firm has a 50-day moving average price of €24.61 and a 200-day moving average price of €24.01. freenet has a 52 week low of €3.22 ($3.35) and a 52 week high of €32.92 ($34.29).

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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