freenet (FRA:FNTN – Get Rating) has been given a €29.80 ($31.37) target price by investment analysts at Jefferies Financial Group in a note issued to investors on Thursday, Borsen Zeitung reports. Jefferies Financial Group’s price target points to a potential upside of 33.63% from the company’s current price.
Other research analysts have also recently issued research reports about the company. Hauck Aufhäuser Ib set a €28.00 ($29.47) price target on freenet in a research note on Monday, May 9th. Deutsche Bank Aktiengesellschaft set a €23.00 ($24.21) price target on freenet in a research note on Monday, February 28th. The Goldman Sachs Group set a €19.00 ($20.00) price target on freenet in a research note on Tuesday, April 19th. Warburg Research set a €29.00 ($30.53) price target on freenet in a research note on Thursday, March 3rd. Finally, Deutsche Bank Rese… set a €23.00 ($24.21) price objective on freenet in a report on Monday, April 25th.
Shares of FNTN opened at €22.30 ($23.47) on Thursday. freenet has a 12 month low of €3.22 ($3.39) and a 12 month high of €32.92 ($34.65). The stock has a fifty day moving average price of €24.53 and a 200 day moving average price of €23.83.
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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