freenet AG (FNTN) Receives Consensus Rating of “Hold” from Analysts

freenet AG (FRA:FNTN) has received a consensus rating of “Hold” from the thirteen brokerages that are presently covering the firm, Marketbeat reports. Four equities research analysts have rated the stock with a sell recommendation, six have given a hold recommendation and three have given a buy recommendation to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is €29.46 ($36.37).

Several brokerages have issued reports on FNTN. UBS Group set a €27.50 ($33.95) price target on shares of freenet and gave the company a “sell” rating in a research note on Thursday, February 1st. Commerzbank set a €28.00 ($34.57) price target on shares of freenet and gave the company a “neutral” rating in a research note on Thursday, October 19th. Barclays set a €23.00 ($28.40) price target on shares of freenet and gave the company a “sell” rating in a research note on Monday, October 16th. Deutsche Bank set a €29.00 ($35.80) price target on shares of freenet and gave the company a “neutral” rating in a research note on Friday, November 3rd. Finally, Kepler Capital Markets set a €27.00 ($33.33) price target on shares of freenet and gave the company a “sell” rating in a research note on Thursday, January 25th.

Shares of freenet (FNTN) opened at €28.61 ($35.32) on Monday. freenet has a 52 week low of €3.22 ($3.98) and a 52 week high of €32.92 ($40.64). The stock has a market cap of $3,660.00 and a price-to-earnings ratio of 11.44.

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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.

Analyst Recommendations for freenet (FRA:FNTN)

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