Shares of freenet AG (FRA:FNTN) have received a consensus recommendation of “Hold” from the ten analysts that are covering the company, MarketBeat reports. Two analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is €30.00 ($35.29).

A number of analysts recently issued reports on FNTN shares. Barclays PLC set a €23.00 ($27.06) price objective on freenet AG and gave the stock a “sell” rating in a research report on Friday, July 7th. Commerzbank Ag set a €28.00 ($32.94) price objective on freenet AG and gave the stock a “neutral” rating in a research report on Thursday, July 20th. Deutsche Bank AG set a €29.00 ($34.12) price objective on freenet AG and gave the stock a “neutral” rating in a research report on Thursday, July 27th. Hauck & Aufhaeuser set a €40.00 ($47.06) price objective on freenet AG and gave the stock a “buy” rating in a research report on Wednesday, August 2nd. Finally, Warburg Research set a €35.00 ($41.18) price objective on freenet AG and gave the stock a “buy” rating in a research report on Friday, August 4th.

Shares of freenet AG (FNTN) opened at €29.23 ($34.38) on Friday.

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About freenet AG

Analyst Recommendations for freenet AG (FRA:FNTN)

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