freenet (FRA:FNTN) received a €35.00 ($43.21) price target from research analysts at Warburg Research in a report issued on Friday. The brokerage currently has a “buy” rating on the stock. Warburg Research’s price objective would suggest a potential upside of 20.77% from the company’s current price.
Other equities research analysts also recently issued reports about the company. Hauck & Aufhaeuser set a €38.50 ($47.53) target price on freenet and gave the stock a “buy” rating in a report on Friday, December 1st. equinet set a €36.00 ($44.44) target price on freenet and gave the stock a “buy” rating in a report on Friday, November 10th. Deutsche Bank set a €29.00 ($35.80) target price on freenet and gave the stock a “neutral” rating in a report on Friday, November 3rd. UBS Group set a €27.00 ($33.33) target price on freenet and gave the stock a “neutral” rating in a report on Friday, October 27th. Finally, Commerzbank set a €28.00 ($34.57) price objective on freenet and gave the company a “neutral” rating in a research note on Friday, November 10th. Four analysts have rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the stock. freenet currently has an average rating of “Hold” and a consensus target price of €29.54 ($36.47).
Shares of freenet (FRA:FNTN) opened at €28.98 ($35.78) on Friday. The firm has a market capitalization of $3,760.00 and a P/E ratio of 11.59. freenet has a 1-year low of €3.22 ($3.98) and a 1-year high of €32.92 ($40.64).
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freenet Company Profile
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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