Several other research firms also recently weighed in on FNTN. Oddo Bhf set a €27.00 ($33.33) price objective on freenet and gave the company a neutral rating in a report on Friday, March 2nd. Hauck & Aufhaeuser set a €38.50 ($47.53) price objective on freenet and gave the company a buy rating in a report on Friday, December 1st. Kepler Capital Markets set a €24.00 ($29.63) price objective on freenet and gave the company a sell rating in a report on Friday, November 10th. Commerzbank set a €28.00 ($34.57) target price on freenet and gave the stock a neutral rating in a report on Friday, November 10th. Finally, Deutsche Bank set a €30.00 ($37.04) target price on freenet and gave the stock a neutral rating in a report on Friday, March 2nd. Four equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the stock. The stock currently has a consensus rating of Hold and an average price target of €28.69 ($35.42).
Shares of freenet (FRA:FNTN) opened at €25.99 ($32.09) on Tuesday. freenet has a twelve month low of €3.22 ($3.98) and a twelve month high of €32.92 ($40.64). The firm has a market capitalization of $3,310.00 and a price-to-earnings ratio of 10.40.
freenet AG provides network-independent telecommunication services focusing on mobile communications, mobile Internet, TV and media, and digital lifestyle applications in Germany. It provides a portfolio of services and products primarily in the area of mobile voice and data services. The company offers its postpaid and prepaid services under the mobilcom-debitel brand, as well as no-frills services under the klarmobil, freenetMobile, callMobile, and debitel light brands.
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