freenet (FRA:FNTN) has been given a €23.00 ($28.40) price objective by equities research analysts at Goldman Sachs Group in a research note issued on Thursday. The brokerage currently has a “sell” rating on the stock. Goldman Sachs Group’s target price points to a potential downside of 19.61% from the stock’s current price.
FNTN has been the topic of several other reports. Hauck & Aufhaeuser set a €38.50 ($47.53) price objective on freenet and gave the stock a “buy” rating in a research note on Friday, December 1st. equinet set a €36.00 ($44.44) target price on freenet and gave the company a “buy” rating in a research note on Thursday, October 19th. Warburg Research set a €35.00 ($43.21) target price on freenet and gave the company a “buy” rating in a research note on Friday, January 12th. Kepler Capital Markets set a €24.00 ($29.63) target price on freenet and gave the company a “sell” rating in a research note on Friday, November 10th. Finally, UBS Group set a €27.00 ($33.33) target price on freenet and gave the company a “neutral” rating in a research note on Friday, October 27th. 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 has an average rating of “Hold” and an average target price of €29.46 ($36.37).
Shares of freenet (FNTN) traded down €0.10 ($0.12) during midday trading on Thursday, reaching €28.61 ($35.32). The company’s stock had a trading volume of 869,055 shares. freenet has a 52 week low of €3.22 ($3.98) and a 52 week high of €32.92 ($40.64). The company has a market capitalization of $3,660.00 and a PE ratio of 11.44.
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.