freenet (FRA:FNTN) Given a €18.00 Price Target by Berenberg Bank Analysts

Berenberg Bank set a €18.00 ($20.93) price target on freenet (FRA:FNTN) in a research note published on Tuesday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

FNTN has been the topic of a number of other reports. Independent Research set a €22.20 ($25.81) target price on freenet and gave the stock a neutral rating in a research report on Monday, November 11th. UBS Group set a €16.00 ($18.60) target price on freenet and gave the stock a sell rating in a research report on Thursday, November 7th. Hauck & Aufhaeuser set a €28.00 ($32.56) target price on freenet and gave the stock a buy rating in a research report on Friday, October 18th. Barclays set a €20.00 ($23.26) target price on freenet and gave the stock a sell rating in a research report on Thursday, November 14th. Finally, Warburg Research set a €22.70 ($26.40) target price on freenet and gave the stock a neutral rating in a research report on Wednesday, November 27th. Three research analysts have rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company’s stock. The company currently has an average rating of Hold and an average target price of €20.69 ($24.06).

FNTN opened at €20.06 ($23.33) on Tuesday. The stock’s fifty day moving average is €20.54 and its 200-day moving average is €19.38. freenet has a one year low of €3.22 ($3.74) and a one year high of €32.92 ($38.28).

freenet Company Profile

freenet AG provides telecommunication, radio and multimedia, mobile communications, mobile Internet, and digital lifestyle services in Germany. The company operates through Mobile Communications, TV and Media, and Other/Holding segments. It provides a portfolio of services and products primarily in the area of mobile voice and data services.

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Analyst Recommendations for freenet (FRA:FNTN)

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