freenet AG (FRA:FNTN) received a €27.00 ($31.40) price target from stock analysts at Oddo Bhf in a research report issued to clients and investors on Monday. The brokerage currently has a “neutral” rating on the stock. Oddo Bhf’s target price indicates a potential downside of 12.58% from the company’s previous close.
A number of other research analysts also recently weighed in on the stock. Commerzbank Ag set a €28.00 ($32.56) price objective on shares of freenet AG and gave the stock a “neutral” rating in a research report on Thursday, July 20th. Hauck & Aufhaeuser set a €40.00 ($46.51) price objective on shares of freenet AG and gave the stock a “buy” rating in a research report on Tuesday, September 5th. Deutsche Bank AG set a €29.00 ($33.72) price objective on shares of freenet AG and gave the stock a “neutral” rating in a research report on Thursday, July 27th. Warburg Research set a €35.00 ($40.70) price objective on shares of freenet AG and gave the stock a “buy” rating in a research report on Friday, August 4th. Finally, UBS AG set a €27.00 ($31.40) price objective on shares of freenet AG and gave the stock a “neutral” rating in a research report on Friday, October 27th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the company. freenet AG currently has an average rating of “Hold” and a consensus price target of €29.73 ($34.57).
freenet AG (FRA:FNTN) opened at €30.89 ($35.91) on Monday. freenet AG has a 1 year low of €3.22 ($3.74) and a 1 year high of €32.40 ($37.67).
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About freenet AG
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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