freenet AG (FNTN) Given a €27.00 Price Target at Oddo Bhf

Oddo Bhf set a €27.00 ($31.40) price target on freenet AG (FRA:FNTN) in a report issued on Monday. The brokerage currently has a neutral rating on the stock.

Several other brokerages have also recently issued reports on FNTN. Commerzbank Ag set a €28.00 ($32.56) price objective on freenet AG and gave the stock a neutral rating in a report on Friday. Independent Research GmbH set a €31.00 ($36.05) price objective on freenet AG and gave the stock a neutral rating in a report on Wednesday, August 9th. UBS AG set a €26.80 ($31.16) price objective on freenet AG and gave the stock a neutral rating in a report on Wednesday, August 9th. Oddo Securities set a €27.00 ($31.40) price objective on freenet AG and gave the stock a neutral rating in a report on Thursday, August 10th. Finally, Kepler Capital Markets set a €24.00 ($27.91) price objective on freenet AG and gave the stock a sell rating in a report on Wednesday, August 9th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus price target of €29.73 ($34.57).

freenet AG (FNTN) traded up €0.27 ($0.31) during midday trading on Monday, reaching €31.19 ($36.27). The company had a trading volume of 768,572 shares. freenet AG has a one year low of €3.22 ($3.74) and a one year high of €32.40 ($37.67).

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About freenet AG

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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