freenet AG (FNTN) Receives Consensus Rating of “Hold” from Brokerages
Shares of freenet AG (FRA:FNTN) have earned an average rating of “Hold” from the ten ratings firms that are currently covering the firm, MarketBeat reports. Two analysts have rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating on the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is €29.98 ($35.69).
FNTN has been the topic of a number of recent research reports. Kepler Capital Markets set a €24.00 ($28.57) price target on shares of freenet AG and gave the company a “sell” rating in a research report on Wednesday, May 24th. Commerzbank Ag set a €28.00 ($33.33) target price on shares of freenet AG and gave the stock a “neutral” rating in a report on Thursday, July 20th. Barclays PLC set a €23.00 ($27.38) target price on shares of freenet AG and gave the stock a “sell” rating in a report on Friday, July 7th. Hauck & Aufhaeuser set a €40.00 ($47.62) target price on shares of freenet AG and gave the stock a “buy” rating in a report on Saturday, May 20th. Finally, Deutsche Bank AG set a €29.00 ($34.52) target price on shares of freenet AG and gave the stock a “neutral” rating in a report on Thursday, July 27th.
Shares of freenet AG (FRA FNTN) opened at 28.05 on Friday. The company’s 50 day moving average is €28.33 and its 200 day moving average is €29.20. freenet AG has a one year low of €3.22 and a one year high of €32.40. The company has a market capitalization of €3.59 billion and a price-to-earnings ratio of 18.45.
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freenet AG Company Profile
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