freenet (FRA:FNTN) received a €35.00 ($43.21) price objective from analysts at Warburg Research in a research report issued to clients and investors on Friday, February 16th. The brokerage presently has a “buy” rating on the stock. Warburg Research’s price target would suggest a potential upside of 37.69% from the stock’s current price.
A number of other equities research analysts also recently weighed in on FNTN. Deutsche Bank set a €29.00 ($35.80) target price on freenet and gave the stock a “neutral” rating in a research report on Friday, November 3rd. Commerzbank set a €28.00 ($34.57) target price on freenet and gave the stock a “neutral” rating in a research report on Thursday, October 19th. Kepler Capital Markets set a €27.00 ($33.33) target price on freenet and gave the stock a “sell” rating in a research report on Thursday, January 25th. Hauck & Aufhaeuser set a €38.50 ($47.53) price objective on freenet and gave the company a “buy” rating in a report on Friday, December 1st. Finally, equinet set a €36.00 ($44.44) price objective on freenet and gave the company a “buy” rating in a report on Thursday, October 19th. Four equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of €28.69 ($35.42).
freenet (FRA FNTN) traded down €0.03 ($0.04) during trading hours on Friday, reaching €25.41 ($31.37). The company’s stock had a trading volume of 543,227 shares. The firm has a market capitalization of $3,220.00 and a PE ratio of 10.16. freenet has a 1 year low of €3.22 ($3.98) and a 1 year high of €32.92 ($40.64).
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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.
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