freenet AG (FNTN) Given Consensus Rating of “Hold” by Brokerages

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Shares of freenet AG (FRA:FNTN) have earned a consensus rating of “Hold” from the sixteen ratings firms that are covering the company, MarketBeat.com reports. Three analysts have rated the stock with a sell rating, eleven have issued a hold rating and two have assigned a buy rating to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is €26.65 ($30.99).

A number of equities analysts recently issued reports on FNTN shares. Independent Research set a €25.00 ($29.07) price objective on shares of freenet and gave the stock a “neutral” rating in a research report on Monday, July 2nd. Barclays set a €21.00 ($24.42) price target on shares of freenet and gave the company a “sell” rating in a research report on Monday, August 6th. UBS Group set a €23.50 ($27.33) price target on shares of freenet and gave the company a “neutral” rating in a research report on Thursday, August 30th. Hauck & Aufhaeuser set a €32.50 ($37.79) price target on shares of freenet and gave the company a “buy” rating in a research report on Wednesday, October 10th. Finally, Commerzbank set a €28.00 ($32.56) price target on shares of freenet and gave the company a “neutral” rating in a research report on Monday, July 2nd.

FNTN stock opened at €20.21 ($23.50) on Friday. freenet has a 1 year low of €3.22 ($3.74) and a 1 year high of €32.92 ($38.28).

About freenet

freenet AG provides telecommunication, radio and multimedia, mobile communications, mobile Internet, and digital lifestyle services 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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Analyst Recommendations for freenet (FRA:FNTN)

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