freenet (FRA:FNTN) has been given a €31.00 ($36.90) price target by analysts at Citigroup in a report released on Wednesday. The brokerage presently has a “neutral” rating on the stock. Citigroup’s target price indicates a potential downside of 0.37% from the company’s previous close.
A number of other equities analysts have also recently weighed in on FNTN. Hauck & Aufhaeuser set a €40.00 ($47.62) price target on freenet and gave the stock a “buy” rating in a research note on Tuesday, September 5th. Deutsche Bank set a €29.00 ($34.52) price target on freenet and gave the stock a “neutral” rating in a research note on Friday, November 10th. equinet set a €36.00 ($42.86) price target on freenet and gave the stock a “buy” rating in a research note on Friday, November 10th. Warburg Research set a €35.00 ($41.67) price target on freenet and gave the stock a “buy” rating in a research note on Friday, November 10th. Finally, Oddo Bhf set a €27.00 ($32.14) price target on freenet and gave the stock a “neutral” rating in a research note on Monday, November 13th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of €29.71 ($35.37).
Shares of freenet (FRA FNTN) opened at €31.12 ($37.04) on Wednesday. freenet has a fifty-two week low of €3.22 ($3.83) and a fifty-two week high of €32.40 ($38.57).
ILLEGAL ACTIVITY NOTICE: This report was originally posted by Transcript Daily and is owned by of Transcript Daily. If you are accessing this report on another website, it was illegally copied and reposted in violation of United States & international copyright and trademark law. The legal version of this report can be read at https://transcriptdaily.com/2017/12/15/freenet-fntn-pt-set-at-31-00-by-citigroup.html.
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.
Receive News & Ratings for freenet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for freenet and related companies with MarketBeat.com's FREE daily email newsletter.