freenet (FRA:FNTN) Given a €30.00 Price Target by The Goldman Sachs Group Analysts

The Goldman Sachs Group set a €30.00 ($30.61) price objective on freenet (FRA:FNTNGet Rating) in a research report sent to investors on Tuesday morning, Borsen Zeitung reports.

Several other equities research analysts have also weighed in on FNTN. Jefferies Financial Group set a €29.80 ($30.41) target price on freenet in a research report on Tuesday, May 24th. UBS Group set a €21.40 ($21.84) price target on freenet in a research note on Friday, August 12th. Warburg Research set a €25.00 ($25.51) price target on freenet in a research note on Monday, August 22nd. Hauck Aufhäuser Investment Banking set a €30.00 ($30.61) price target on freenet in a research note on Tuesday, August 30th. Finally, Barclays set a €27.50 ($28.06) price target on freenet in a research note on Tuesday, August 16th.

freenet Price Performance

Shares of FRA FNTN opened at €21.51 ($21.95) on Tuesday. freenet has a fifty-two week low of €3.22 ($3.29) and a fifty-two week high of €32.92 ($33.59). The stock’s 50-day simple moving average is €22.45 and its 200-day simple moving average is €23.55.

About freenet

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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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