freenet (FRA:FNTN) PT Set at €22.70 by Warburg Research

Warburg Research set a €22.70 ($26.40) target price on freenet (FRA:FNTN) in a report published on Wednesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

A number of other research firms have also recently commented on FNTN. Barclays set a €20.00 ($23.26) price target on shares of freenet and gave the stock a sell rating in a report on Thursday, November 14th. Independent Research set a €22.20 ($25.81) price target on shares of freenet and gave the stock a neutral rating in a report on Monday, November 11th. Kepler Capital Markets set a €20.00 ($23.26) price target on shares of freenet and gave the stock a buy rating in a report on Thursday, November 7th. UBS Group set a €16.00 ($18.60) price target on shares of freenet and gave the stock a sell rating in a report on Thursday, November 7th. Finally, Goldman Sachs Group set a €15.00 ($17.44) price target on shares of freenet and gave the stock a sell rating in a report on Thursday, November 7th. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average target price of €20.72 ($24.09).

FRA FNTN opened at €21.13 ($24.57) on Wednesday. The company’s 50-day moving average price is €20.68 and its 200-day moving average price is €18.63. freenet has a 12 month low of €3.22 ($3.74) and a 12 month high of €32.92 ($38.28).

freenet Company Profile

freenet AG provides telecommunication, radio and multimedia, mobile communications, mobile Internet, and digital lifestyle services in Germany. The company operates through Mobile Communications, TV and Media, and Other/Holding segments. It provides a portfolio of services and products primarily in the area of mobile voice and data services.

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Analyst Recommendations for freenet (FRA:FNTN)

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